1644 N Wilmington BlvdWilmingtonCA90744
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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 Wilmington at 1644 N Wilmington Blvd, Wilmington, CA, 90744 generates $3,823/mo in rent, after a $4,840/mo payment. Total monthly income is $3,823/mo. Return on cash invested sits at 11.6% in year one, and rental yield is 4.64% on a $988,888 entry. Equity gained on principal adds $6,381/yr, while 5% annual appreciation builds toward $273,212 over five years. Five-year ROI reaches 58.23% and total cumulative return in cash sums $189,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,823/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5,728 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90744, Wilmington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,211 (100%) |
| Owner Occupied HU | 5,750 (37.8%) |
| Renter Occupied HU | 9,107 (59.9%) |
| Vacant Housing Units | 354 ( 2.3%) |
| Median Home Value | $658,570 |
| Average Home Value | $725,741 |
Housing Distribution
Address Breakdown
Residential
14,748
Single Family
10,269
Multi-Family
4,479
Businesses
1,478
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Listed by: Annie Chen • Homegrown Wealth Real Estate
Mls Name: CLAW
Mls ID: #25559421