17024 S Western Ave SPACE 35GardenaCA90247
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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 Gardena at 17024 S Western Ave SPACE 35, Gardena, CA, 90247 offers a 9.21% rental yield on a $129,000 purchase with $990/mo rent. Total monthly income registers $990/mo, and a $631/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,308/yr on $42,764 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 131.89% and total cumulative return in cash at $56,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90247, Gardena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,389 (100%) |
| Owner Occupied HU | 6,764 (38.9%) |
| Renter Occupied HU | 9,928 (57.1%) |
| Vacant Housing Units | 697 ( 4.0%) |
| Median Home Value | $745,477 |
| Average Home Value | $804,037 |
Housing Distribution
Address Breakdown
Residential
17,156
Single Family
9,802
Multi-Family
7,354
Businesses
1,676
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Listed by: Christopher Jones • eXp Realty of Greater Los Angeles
Mls Name: CLAW
Mls ID: #25568251