1633 Hickory AveTorranceCA90503
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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 Torrance at 1633 Hickory Ave, Torrance, CA, 90503 offers a 5.24% rental yield on a $1,400,000 purchase with $6,112/mo rent. 63% in year one. Equity gained on principal adds $9,034/yr while 5% annual appreciation supports $386,794 over five years. Portfolio math shows five-year ROI at 69.06% and total cumulative return in cash at $313,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,112/mo property income against a $6,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90503, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,386 (100%) |
| Owner Occupied HU | 8,948 (48.7%) |
| Renter Occupied HU | 8,776 (47.7%) |
| Vacant Housing Units | 662 ( 3.6%) |
| Median Home Value | $1,016,792 |
| Average Home Value | $1,090,130 |
Housing Distribution
Address Breakdown
Residential
17,694
Single Family
9,006
Multi-Family
8,688
Businesses
1,947
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Listed by: Erika Schneider-Edwards • Compass
Mls Name: CLAW
Mls ID: #25590469