19609 Nicholas 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
Total monthly income runs $5,632/mo, and a $6,020/mo payment. Purchase price stands at $1,230,000, and rental yield measures 5.49% with $5,632/mo rent. Return on cash invested shows 14.42% in year one, and 5% annual appreciation builds toward $339,826 over five years. Five-year ROI reaches 73.3% and total cumulative return in cash records $292,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,632/mo property income covering a $6,020/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,742 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: MaryLou AdameMartinez • Re/Max Coastal Homes
Mls Name: CRMLS
Mls ID: #OC25237598