24205 Ward StTorranceCA90505
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 24205 Ward St, Torrance, CA, 90505 listed at $1,700,000 pairs $4,991/mo rent with a $8,321/mo payment. Total monthly income runs $4,991/mo. Return on cash invested measures 8.33% in year one, and rental yield registers 3.52% at a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and annual property appreciation at 5% supports $469,679 by year five. Five-year ROI tracks 40.66% and total cumulative return in cash totals $223,939. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,991/mo property income relative to a $8,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1966
5,983 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Cohan • Beach City Brokers
Mls Name: CRMLS
Mls ID: #SB25179177