14828 Rayfield DrLa MiradaCA90638
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play14828 Rayfield Dr, La Mirada, CA, 90638 in La Mirada is priced for appreciation, not yield. Rental yield 5.68%. At $1,080,000 with a 5.68% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $298,384 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.05) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $308,288.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.5% |
| Monthly Cash Flow | $(1,573) | $1,800 |
City averages based on La Mirada market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,108 |
| Total Monthly Debt Service | $6,251 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90638, La Mirada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,509 (100%) |
| Owner Occupied HU | 11,667 (75.2%) |
| Renter Occupied HU | 3,462 (22.3%) |
| Vacant Housing Units | 380 ( 2.5%) |
| Median Home Value | $831,241 |
| Average Home Value | $862,187 |
Housing Distribution
Address Breakdown
Residential
15,226
Single Family
13,293
Multi-Family
1,933
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1958
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90638, La Mirada, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,509 (100%) |
| Owner Occupied HU | 11,667 (75.2%) |
| Renter Occupied HU | 3,462 (22.3%) |
| Vacant Housing Units | 380 ( 2.5%) |
| Median Home Value | $831,241 |
| Average Home Value | $862,187 |
Housing Distribution
Address Breakdown
Residential
15,226
Single Family
13,293
Multi-Family
1,933
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edgar Guzman • CENTURY 21 LEADERS REAL ESTATE
Mls Name: CRMLS
Mls ID: #HD25197293