20806 Gridley RdLakewoodCA90715
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 20806 Gridley Rd, Lakewood, CA, 90715 in Lakewood is narrow, $147/mo net on $1,446/mo rent after the $944/mo debt service, but the property operates at break-even-plus, not a loss. At $210,000 with a 8.26% yield, the long-run equity case via 5% appreciation ($58,019 over five years) and $1,934/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $89,107.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.2% |
| Monthly Cash Flow | $147 | $300 |
City averages based on Lakewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,446 |
| Total Monthly Debt Service | $1,216 |
| DSCR Ratio | 1.19x |
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.
Manufactured
Built in 2004
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
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
Manufactured
Built in 2004
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Carter • STEVEN CARTER, BROKER
Mls Name: CRMLS
Mls ID: #CV25159268