432 E Spruce Ave UNIT 85InglewoodCA90301
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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
Total monthly income runs $2,612/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 6.28% with $2,612/mo rent. Return on cash invested shows 16.47% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 84.38% and total cumulative return in cash records $139,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,612/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Condo
Built in 1989
1.28 Acres 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: Andrew Jevin • Compass
Mls Name: CLAW
Mls ID: #25621219