1503 W 224th StTorranceCA90501
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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 Torrance at 1503 W 224th St, Torrance, CA, 90501 generates $3,570/mo in rent, after a $3,524/mo payment. Total monthly income is $3,570/mo. Return on cash invested sits at 15.58% in year one, and rental yield is 5.95% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 79.59% and total cumulative return in cash sums $188,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,570/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90501, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,908 (100%) |
| Owner Occupied HU | 6,483 (40.8%) |
| Renter Occupied HU | 8,827 (55.5%) |
| Vacant Housing Units | 598 ( 3.8%) |
| Median Home Value | $922,061 |
| Average Home Value | $992,056 |
Housing Distribution
Address Breakdown
Residential
15,822
Single Family
10,464
Multi-Family
5,358
Businesses
2,302
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Listed by: Karina Padilla • KP Realty & Associates
Mls Name: CRMLS
Mls ID: #SB25189827