15032 Ocaso AveLa MiradaCA90638
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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
Investment property for sale in La Mirada at 15032 Ocaso Ave, La Mirada, CA, 90638 listed at $799,900 pairs $4,483/mo rent with a $3,915/mo payment. Total monthly income runs $4,483/mo. Return on cash invested measures 17.94% in year one, and rental yield registers 6.73% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 92.23% and total cumulative return in cash totals $242,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,483/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1991
2,227 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
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Listed by: Linda Suk • Reshape Real Estate
Mls Name: CRMLS
Mls ID: #PW25136502