23026 Nadine Cir UNIT BTorranceCA90505
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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 23026 Nadine Cir UNIT B, Torrance, CA, 90505 uses $187,201 cash to close to unlock $1,692/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $3,661/mo, and a $2,785/mo payment keeps the spread at $141/mo. Purchase price stands at $569,000, and rental yield measures 7.72% with $3,661/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 108.49% and total cumulative return in cash records $203,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,661/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Condo
Built in 1963
22.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90505, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,524 (100%) |
| Owner Occupied HU | 7,733 (53.2%) |
| Renter Occupied HU | 6,166 (42.5%) |
| Vacant Housing Units | 625 ( 4.3%) |
| Median Home Value | $1,210,253 |
| Average Home Value | $1,250,787 |
Housing Distribution
Address Breakdown
Residential
14,591
Single Family
9,561
Multi-Family
5,030
Businesses
2,941
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Listed by: Donna Sugimoto • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #SB25097914