3918 W 242nd StTorranceCA90505
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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 Torrance at 3918 W 242nd St, Torrance, CA, 90505 earns from $6,421/mo rent with a $7,337/mo payment. Total monthly income totals $6,421/mo. ROI tracks 13.32% on current figures, and rental yield reads 5.14% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 67.42% and total cumulative return in cash sums $327,429. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,421/mo property income instead of your personal income.
Townhouse
Built in 2019
4,669 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90505, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,524 (100%) |
| Owner Occupied HU | 7,733 (53.2%) |
| Renter Occupied HU | 6,166 (42.5%) |
| Vacant Housing Units | 625 ( 4.3%) |
| Median Home Value | $1,210,253 |
| Average Home Value | $1,250,787 |
Housing Distribution
Address Breakdown
Residential
14,591
Single Family
9,561
Multi-Family
5,030
Businesses
2,941
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Listed by: Gary Kooba • Vista Sothebys International Realty
Mls Name: CRMLS
Mls ID: #SB25171680