23515 Normandie AveHarbor CityCA90710
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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
Rental property for sale in Harbor City at 23515 Normandie Ave, Harbor City, CA, 90710 generates $3,664/mo in rent, after a $4,992/mo payment. Total monthly income is $3,664/mo. Return on cash invested sits at 10.76% in year one, and rental yield is 4.31% on a $1,020,000 entry. Equity gained on principal adds $6,582/yr, while 5% annual appreciation builds toward $281,807 over five years. Five-year ROI reaches 53.7% and total cumulative return in cash sums $177,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
7,075 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90710, Harbor City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 5,202 (53.2%) |
| Renter Occupied HU | 4,240 (43.3%) |
| Vacant Housing Units | 344 ( 3.5%) |
| Median Home Value | $767,599 |
| Average Home Value | $735,332 |
Housing Distribution
Address Breakdown
Residential
9,118
Single Family
5,544
Multi-Family
3,574
Businesses
666
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Listed by: Heidi Ludwig • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25249730