500 S Grevillea Ave APT 2InglewoodCA90301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 500 S Grevillea Ave APT 2, Inglewood, CA, 90301 offers a 7.89% rental yield on a $599,000 purchase with $3,940/mo rent. Total monthly income registers $3,940/mo, and a $2,932/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,811/yr on $197,071 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 111.28% and total cumulative return in cash at $219,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,940/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
0.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Prescilla Romero • Vista Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #PW25145677