17122 Merit AveGardenaCA90247
INVESTMENT ANALYSIS
Investment Verdict
Solid Income17122 Merit Ave, Gardena, CA, 90247 in Gardena is a solid income-producing rental, 9.27% gross yield, $6,958/mo rent, $1,314/mo net cash flow on a $901,000 buy. DSCR 1.72 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $248,930 and $8,298/yr in principal reduction project a total cumulative return of $426,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.5% |
| Monthly Cash Flow | $1,314 | $350 |
City averages based on Gardena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,958 |
| Total Monthly Debt Service | $5,285 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
5,884 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
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
Single Family
Built in 1957
5,884 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices