14602 Thornlake AveNorwalkCA90650
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Norwalk at 14602 Thornlake Ave, Norwalk, CA, 90650 generates $4,171/mo in rent, after a $3,563/mo payment. Total monthly income is $4,171/mo. Return on cash invested sits at 18.4% in year one, and rental yield is 6.88% on a $728,000 entry. Equity gained on principal adds $4,698/yr, while 5% annual appreciation builds toward $201,133 over five years. Five-year ROI reaches 94.68% and total cumulative return in cash sums $226,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,171/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5,247 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90650, Norwalk, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,334 (100%) |
| Owner Occupied HU | 17,909 (63.2%) |
| Renter Occupied HU | 9,746 (34.4%) |
| Vacant Housing Units | 679 ( 2.4%) |
| Median Home Value | $639,523 |
| Average Home Value | $676,088 |
Housing Distribution
Address Breakdown
Residential
27,633
Single Family
22,632
Multi-Family
5,001
Businesses
1,588
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Listed by: Ozzie Fazaeli • eXp Realty of California, Inc.
Mls Name: CRMLS
Mls ID: #OC25188759