24631 Magnolia PlHarbor CityCA90710
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 Harbor City at 24631 Magnolia Pl, Harbor City, CA, 90710 listed at $779,000 pairs $5,296/mo rent with a $3,813/mo payment to leave $477/mo cash flow. Total monthly income runs $5,296/mo, and annual cash flow reaches $5,721/yr on $256,291 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 8.16% at a $779,000 basis. Equity gained on principal adds $5,027/yr, and annual property appreciation at 5% supports $215,223 by year five. Five-year ROI tracks 115.58% and total cumulative return in cash totals $296,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,296/mo property income relative to a $3,813/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4.55 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Esther Kim • Home Team Realty
Mls Name: CRMLS
Mls ID: #SB25277629