24200 Saint Walnut #34TorranceCA90501
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
Investment Highlights
Investment property for sale in Torrance at 24200 Saint Walnut #34, Torrance, CA, 90501 uses $58,013 cash to close to unlock $3,839/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $857/mo payment keeps the spread at $320/mo. Purchase price stands at $175,000, and rental yield measures 9.62% with $1,403/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 138.33% and total cumulative return in cash records $80,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90501, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,908 (100%) |
| Owner Occupied HU | 6,483 (40.8%) |
| Renter Occupied HU | 8,827 (55.5%) |
| Vacant Housing Units | 598 ( 3.8%) |
| Median Home Value | $922,061 |
| Average Home Value | $992,056 |
Housing Distribution
Address Breakdown
Residential
15,822
Single Family
10,464
Multi-Family
5,358
Businesses
2,302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julieta Garcia Garcia • Realty One Group United
Mls Name: CRMLS
Mls ID: #DW26004384