322 E Spruce AveInglewoodCA90301
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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 Inglewood at 322 E Spruce Ave, Inglewood, CA, 90301 earns $426/mo cash flow from $3,698/mo rent with a $2,589/mo payment. Total monthly income totals $3,698/mo, and annual cash flow totals $5,108/yr on $174,041 capital. ROI tracks 23% on current figures, and rental yield reads 8.39% at a $529,000 purchase. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 over five years. Five-year ROI reaches 119.35% and total cumulative return in cash sums $207,725. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,698/mo property income instead of your personal income.
Condo
Built in 1964
9,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90301, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,576 (100%) |
| Owner Occupied HU | 3,380 (24.9%) |
| Renter Occupied HU | 9,557 (70.4%) |
| Vacant Housing Units | 639 ( 4.7%) |
| Median Home Value | $774,168 |
| Average Home Value | $879,509 |
Housing Distribution
Address Breakdown
Residential
13,402
Single Family
5,897
Multi-Family
7,505
Businesses
1,582
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Listed by: Alexandra Lumukanda • Redfin
Mls Name: CLAW
Mls ID: #25588339