15000 Downey Ave UNIT 160, Paramount, CA, 90723 | $420/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Paramount at 15000 Downey Ave UNIT 160, Paramount, CA, 90723 offers a 10.03% rental yield on a $394,888 purchase with $3,299/mo rent. Total monthly income registers $3,299/mo, and a $1,933/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,044/yr on $130,905 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $2,548/yr while 5% annual appreciation supports $109,100 over five years. Portfolio math shows five-year ROI at 124.97% and total cumulative return in cash at $163,591. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,299/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1991

3.50 Acres lot

$N/A/sqft

$353 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 90723, Paramount, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,698 (100%)
Owner Occupied HU	6,175 (42.0%)
Renter Occupied HU	8,141 (55.4%)
Vacant Housing Units	382 ( 2.6%)
Median Home Value	$572,421
Average Home Value	$571,646