21229 Ocean AveTorranceCA90503
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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 Torrance at 21229 Ocean Ave, Torrance, CA, 90503 earns from $5,591/mo rent with a $5,864/mo payment. Total monthly income totals $5,591/mo. ROI tracks 14.74% on current figures, and rental yield reads 5.6% at a $1,198,000 purchase. Equity gained on principal adds $7,731/yr, and 5% annual appreciation supports $330,985 over five years. Five-year ROI reaches 75.03% and total cumulative return in cash sums $291,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,591/mo property income instead of your personal income.
Single Family
Built in 1956
6,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90503, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,386 (100%) |
| Owner Occupied HU | 8,948 (48.7%) |
| Renter Occupied HU | 8,776 (47.7%) |
| Vacant Housing Units | 662 ( 3.6%) |
| Median Home Value | $1,016,792 |
| Average Home Value | $1,090,130 |
Housing Distribution
Address Breakdown
Residential
17,694
Single Family
9,006
Multi-Family
8,688
Businesses
1,947
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Listed by: Joshua Hammond • Compass
Mls Name: CRMLS
Mls ID: #SB25209931