4633 Marine Ave UNIT 240LawndaleCA90260
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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 Lawndale at 4633 Marine Ave UNIT 240, Lawndale, CA, 90260 uses $115,694 cash to close to unlock $2,942/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $2,404/mo, and a $1,708/mo payment keeps the spread at $245/mo. Purchase price stands at $349,000, and rental yield measures 8.27% with $2,404/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash records $134,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 1973
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90260, Lawndale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,771 (100%) |
| Owner Occupied HU | 3,960 (36.8%) |
| Renter Occupied HU | 6,471 (60.1%) |
| Vacant Housing Units | 340 ( 3.2%) |
| Median Home Value | $811,391 |
| Average Home Value | $833,322 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
8,128
Multi-Family
2,412
Businesses
1,005
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Listed by: Melinda Curler • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25589333