16046 Gables LoopWhittierCA90603
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 16046 Gables Loop, Whittier, CA, 90603 in Whittier, $450,000, 7.92% gross yield, $185/mo net income. Consider it a market-entry position, the $2,969/mo rent covers the $2,023/mo payment with a margin, and 5%/yr appreciation is projected to add $124,327 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.47) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $182,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.5% |
| Monthly Cash Flow | $185 | $200 |
City averages based on Whittier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,969 |
| Total Monthly Debt Service | $2,605 |
| DSCR Ratio | 1.14x |
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.
Condo
Built in 2009
5,647 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90603, Whittier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 5,402 (76.9%) |
| Renter Occupied HU | 1,474 (21.0%) |
| Vacant Housing Units | 148 ( 2.1%) |
| Median Home Value | $831,385 |
| Average Home Value | $888,827 |
Housing Distribution
Address Breakdown
Residential
6,990
Single Family
6,315
Multi-Family
675
Businesses
527
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
Condo
Built in 2009
5,647 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90603, Whittier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 5,402 (76.9%) |
| Renter Occupied HU | 1,474 (21.0%) |
| Vacant Housing Units | 148 ( 2.1%) |
| Median Home Value | $831,385 |
| Average Home Value | $888,827 |
Housing Distribution
Address Breakdown
Residential
6,990
Single Family
6,315
Multi-Family
675
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ebony Logan • Infinity Realty & Loans
Mls Name: CRMLS
Mls ID: #DW25225240