3508 W 113th StInglewoodCA90303
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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
Rental property for sale in Inglewood at 3508 W 113th St, Inglewood, CA, 90303 generates $6,000/mo in rent, after a $5,849/mo payment. Total monthly income is $6,000/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 6.03% on a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 82.07% and total cumulative return in cash sums $317,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,000/mo property income rather than buyer’s personal income.
Multi Family
Built in 1963
6,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90303, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,351 (100%) |
| Owner Occupied HU | 3,000 (40.8%) |
| Renter Occupied HU | 4,043 (55.0%) |
| Vacant Housing Units | 308 ( 4.2%) |
| Median Home Value | $839,770 |
| Average Home Value | $902,988 |
Housing Distribution
Address Breakdown
Residential
7,478
Single Family
5,595
Multi-Family
1,883
Businesses
481
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Listed by: Sam Grayeli • BRC Advisors- BH
Mls Name: CRMLS
Mls ID: #26635537