24815 Normandie Ave Space 75Harbor 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
Investment property for sale in Harbor City at 24815 Normandie Ave Space 75, Harbor City, CA, 90710 uses $81,218 cash to close to unlock $2,742/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $1,744/mo, and a $1,199/mo payment keeps the spread at $229/mo. Purchase price stands at $245,000, and rental yield measures 8.54% with $1,744/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 120.96% and total cumulative return in cash records $98,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,744/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 1965
N/A 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: Denise Birtch • Realty One Group United
Mls Name: CRMLS
Mls ID: #SB26017766