1617 W 224th StTorranceCA90501
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1617 W 224th St, Torrance, CA, 90501 in Torrance the bet is firmly on appreciation. Rental yield 4.04%. The 4.04% gross yield on a $950,000 price is below income-first thresholds, but 5%/yr value growth projects $262,467 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.75) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $188,055.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 4.5% |
| Monthly Cash Flow | $(2,675) | $250 |
City averages based on Torrance market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,202 |
| Total Monthly Debt Service | $5,499 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1948
7,200 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
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
Multi Family
Built in 1948
7,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls ID: #26646019