2103 W 245th St #10LomitaCA90717
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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 Lomita at 2103 W 245th St #10, Lomita, CA, 90717 offers a 9.52% rental yield on a $119,900 purchase with $951/mo rent. Total monthly income registers $951/mo, and a $587/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,510/yr on $39,747 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 136.8% and total cumulative return in cash at $54,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $951/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2014
N/A 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: Shannan Lareau • RE/MAX Select One
Mls Name: CRMLS
Mls ID: #OC25198906