16600 Downey Ave SPC 27ParamountCA90723
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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 Paramount at 16600 Downey Ave SPC 27, Paramount, CA, 90723 generates $1,980/mo in rent and, after a $1,346/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $3,346/yr on $91,162 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 8.64% on a $274,999 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 122.51% and total cumulative return in cash sums $111,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
N/A 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
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Listed by: Aleyda Mendoza • Elizabeth E. Rivera, Broker
Mls Name: CRMLS
Mls ID: #PW25165371