22600 Normandie Ave SPACE 3TorranceCA90502
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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 22600 Normandie Ave SPACE 3, Torrance, CA, 90502 offers a 9.5% rental yield on a $169,900 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $832/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,522/yr on $56,322 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 136.4% and total cumulative return in cash at $76,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90502, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 4,173 (63.0%) |
| Renter Occupied HU | 2,226 (33.6%) |
| Vacant Housing Units | 226 ( 3.4%) |
| Median Home Value | $738,208 |
| Average Home Value | $722,741 |
Housing Distribution
Address Breakdown
Residential
6,358
Single Family
4,931
Multi-Family
1,427
Businesses
791
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Listed by: John Nolan • Home Works Realty
Mls Name: CRMLS
Mls ID: #OC25111257