20806 Gridley RdLakewoodCA90715
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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
Investment property for sale in Lakewood at 20806 Gridley Rd, Lakewood, CA, 90715 earns $147/mo cash flow from $1,446/mo rent with a $1,028/mo payment. Total monthly income totals $1,446/mo, and annual cash flow totals $1,761/yr on $69,615 capital. ROI tracks 22.44% on current figures, and rental yield reads 8.26% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 116.41% and total cumulative return in cash sums $81,040. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,446/mo property income instead of your personal income.
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
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Listed by: Steven Carter • STEVEN CARTER, BROKER
Mls Name: CRMLS
Mls ID: #CV25159268