15616 S Manhattan PlGardenaCA90249
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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 Gardena at 15616 S Manhattan Pl, Gardena, CA, 90249 generates $3,893/mo in rent, after a $5,873/mo payment. Total monthly income is $3,893/mo. Return on cash invested sits at 9.47% in year one, and rental yield is 3.89% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 46.78% and total cumulative return in cash sums $181,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,893/mo property income rather than buyer’s personal income.
Multi Family
Built in 1956
5,029 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90249, Gardena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 5,319 (55.1%) |
| Renter Occupied HU | 4,025 (41.7%) |
| Vacant Housing Units | 311 ( 3.2%) |
| Median Home Value | $740,599 |
| Average Home Value | $761,970 |
Housing Distribution
Address Breakdown
Residential
9,326
Single Family
7,150
Multi-Family
2,176
Businesses
1,676
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Listed by: Sharon Tsukamoto • Mark III Properties
Mls Name: CRMLS
Mls ID: #WS25266058