532 Venice Way UNIT 8InglewoodCA90302
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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 Inglewood at 532 Venice Way UNIT 8, Inglewood, CA, 90302 offers a 7.59% rental yield on a $559,000 purchase with $3,538/mo rent. Total monthly income registers $3,538/mo, and a $2,736/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $959/yr on $183,911 to close, and return on cash invested stands at 20.58% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 106.41% and total cumulative return in cash at $195,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,538/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90302, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,802 (100%) |
| Owner Occupied HU | 3,337 (28.3%) |
| Renter Occupied HU | 7,945 (67.3%) |
| Vacant Housing Units | 520 ( 4.4%) |
| Median Home Value | $825,289 |
| Average Home Value | $888,613 |
Housing Distribution
Address Breakdown
Residential
11,490
Single Family
4,728
Multi-Family
6,762
Businesses
865
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Listed by: Philip Onyenedum • Atesa Real Estate, Inc.
Mls Name: CRMLS
Mls ID: #SB25117945