16403 Parkshire CtParamountCA90723
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
Investment Highlights
Rental property for sale in Paramount at 16403 Parkshire Ct, Paramount, CA, 90723 generates $2,413/mo in rent, after a $2,496/mo payment. Total monthly income is $2,413/mo. Return on cash invested sits at 14.76% in year one, and rental yield is 5.68% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 75.18% and total cumulative return in cash sums $126,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
3,477 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90723, Paramount, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,698 (100%) |
| Owner Occupied HU | 6,175 (42.0%) |
| Renter Occupied HU | 8,141 (55.4%) |
| Vacant Housing Units | 382 ( 2.6%) |
| Median Home Value | $572,421 |
| Average Home Value | $571,646 |
Housing Distribution
Address Breakdown
Residential
14,469
Single Family
9,603
Multi-Family
4,866
Businesses
2,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Delgado • Realty Connection Group
Mls Name: CRMLS
Mls ID: #PW25233795