15224 Manzanares RdLa MiradaCA90638
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis La Mirada rental at 15224 Manzanares Rd, La Mirada, CA, 90638 sits in the solid-income band: 8.39% gross yield, $6,076/mo rent, $700/mo net after the $3,908/mo debt service, DSCR 1.55. Entry price of $869,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $240,089 and $8,004/yr in principal reduction bring total cumulative return to $374,553.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.5% |
| Monthly Cash Flow | $700 | $1,800 |
City averages based on La Mirada market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,076 |
| Total Monthly Debt Service | $5,030 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1956
6,015 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 1956
6,015 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