2971 Plaza Del Amo UNIT 246, Torrance, CA, 90503 | 6.09% Rental Yield

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2971 Plaza Del Amo UNIT 246, Torrance, CA, 90503 | 6.09% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Torrance at 2971 Plaza Del Amo UNIT 246, Torrance, CA, 90503 earns from $4,204/mo rent with a $4,053/mo payment. Total monthly income totals $4,204/mo. ROI tracks 16.01% on current figures, and rental yield reads 6.09% at a $828,000 purchase. Equity gained on principal adds $5,343/yr, and 5% annual appreciation supports $228,761 over five years. Five-year ROI reaches 81.92% and total cumulative return in cash sums $223,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,204/mo property income instead of your personal income.

Townhouse

Built in 1985

3.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Springwood: a highly desirable GATED community in central Torrance, convenient location to Del Amo shopping mall, Target, Ralphs and mins to Wilson Park and schools. This sweet town home lead you to front out door patio, the 1st floor: open floor plan, new flooring through out, fresh new painting, living room, dining room and kitchen, has an updated powder room, windows on both side makes airy. Front door facing east with Morning Sun. the 2nd floor: double door open to primary bedroom suite, with sun filled lighting, new flooring through out, closet and large on-suite bathroom, the other side is 2nd bedroom also has it's own bathroom. Attached 2 car garage with laundry hook up and storage spaces. This Gated community offers a lap swimming pool, spa. & There is a farmer's market mins away at Wilson Park and the serene Madrona Marsh Preserve and great shopping mall, and dining options in Torrance in the South Bay area. Come check it out:-)

Neighborhood Data

Neighborhood data shown for ZIP Code: 90503, Torrance, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,386 (100%)
Owner Occupied HU	8,948 (48.7%)
Renter Occupied HU	8,776 (47.7%)
Vacant Housing Units	662 ( 3.6%)
Median Home Value	$1,016,792
Average Home Value	$1,090,130