1732 246th StLomitaCA90717
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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 Lomita at 1732 246th St, Lomita, CA, 90717 generates $4,645/mo in rent, after a $5,032/mo payment. Total monthly income is $4,645/mo. Return on cash invested sits at 14.19% in year one, and rental yield is 5.42% on a $1,028,000 entry. Equity gained on principal adds $6,634/yr, while 5% annual appreciation builds toward $284,017 over five years. Five-year ROI reaches 72.09% and total cumulative return in cash sums $240,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,645/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,332 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90717, Lomita, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,176 (100%) |
| Owner Occupied HU | 3,845 (41.9%) |
| Renter Occupied HU | 4,955 (54.0%) |
| Vacant Housing Units | 376 ( 4.1%) |
| Median Home Value | $854,653 |
| Average Home Value | $889,702 |
Housing Distribution
Address Breakdown
Residential
9,045
Single Family
6,179
Multi-Family
2,866
Businesses
1,057
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Listed by: Uni Mayesh • Keller Williams Palos Verdes
Mls Name: CRMLS
Mls ID: #SB26009495