20806 Gridley Rd #44LakewoodCA90715
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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 Lakewood at 20806 Gridley Rd #44, Lakewood, CA, 90715 generates $1,468/mo in rent and, after a $930/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,468/mo, and annual cash flow is $3,511/yr on $62,982 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.27% on a $189,990 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,491 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash sums $83,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,468/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90715, Lakewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,548 (100%) |
| Owner Occupied HU | 3,284 (50.2%) |
| Renter Occupied HU | 3,123 (47.7%) |
| Vacant Housing Units | 141 ( 2.2%) |
| Median Home Value | $729,077 |
| Average Home Value | $828,818 |
Housing Distribution
Address Breakdown
Residential
6,472
Single Family
4,630
Multi-Family
1,842
Businesses
185
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Listed by: John McDougall • Reliant Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225034250
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