17103 Cortner AveCerritosCA90703
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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 Cerritos at 17103 Cortner Ave, Cerritos, CA, 90703 offers a 5.22% rental yield on a $1,350,000 purchase with $5,870/mo rent. 56% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Portfolio math shows five-year ROI at 68.7% and total cumulative return in cash at $300,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,870/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
5,699 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90703, Cerritos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,228 (100%) |
| Owner Occupied HU | 12,088 (74.5%) |
| Renter Occupied HU | 3,765 (23.2%) |
| Vacant Housing Units | 375 ( 2.3%) |
| Median Home Value | $910,757 |
| Average Home Value | $972,846 |
Housing Distribution
Address Breakdown
Residential
16,227
Single Family
15,582
Multi-Family
645
Businesses
2,049
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Listed by: Mikail Sujan • T.N.G. Real Estate Consultants
Mls Name: CRMLS
Mls ID: #PW25156092