5630 S Van Horn AveDel ReyCA93616
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 5630 S Van Horn Ave, Del Rey, CA, 93616 in Del Rey worth modelling. At $279,500 with a 7.58% gross yield, the $1,765/mo rent leaves $36/mo after the $1,257/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.40 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $77,221 by year five; $2,574/yr in principal reduction adds further equity. Total projected return: $108,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.0% |
| Monthly Cash Flow | $36 | $1,200 |
City averages based on Del Rey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,765 |
| Total Monthly Debt Service | $1,618 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93616, Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 308 (48.4%) |
| Renter Occupied HU | 304 (47.8%) |
| Vacant Housing Units | 24 ( 3.8%) |
| Median Home Value | $448,000 |
| Average Home Value | $497,427 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
357
Multi-Family
48
Businesses
32
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
Single Family
Built in 1978
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93616, Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 308 (48.4%) |
| Renter Occupied HU | 304 (47.8%) |
| Vacant Housing Units | 24 ( 3.8%) |
| Median Home Value | $448,000 |
| Average Home Value | $497,427 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
357
Multi-Family
48
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Scott • HomeSmart PV and Associates
Mls Name: Fresno MLS
Mls ID: #634582