23304 Marigold Ave UNIT X-103TorranceCA90502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 23304 Marigold Ave UNIT X-103, Torrance, CA, 90502 in Torrance: $4,548/mo in rent, $758/mo net, 10.2% gross yield, all on a $535,000 acquisition. The 1.89 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $147,811 in value, and $4,927/yr in principal paydown steadily builds equity. Projected total cumulative return: $253,716.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 4.5% |
| Monthly Cash Flow | $758 | $250 |
City averages based on Torrance market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,548 |
| Total Monthly Debt Service | $3,577 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
4.82 Acres lot
$N/A/sqft
$409 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
4.82 Acres lot
$N/A/sqft
$409 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices