6119 Blackthorne AveLakewoodCA90712
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lakewood rental at 6119 Blackthorne Ave, Lakewood, CA, 90712 sits in the solid-income band: 8.36% gross yield, $5,924/mo rent, $666/mo net after the $3,822/mo debt service, DSCR 1.55. Entry price of $850,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $234,839 and $7,829/yr in principal reduction bring total cumulative return to $365,182.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $666 | $300 |
City averages based on Lakewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,924 |
| Total Monthly Debt Service | $4,920 |
| DSCR Ratio | 1.20x |
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 1944
5,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90712, Lakewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 8,278 (70.5%) |
| Renter Occupied HU | 3,179 (27.1%) |
| Vacant Housing Units | 288 ( 2.5%) |
| Median Home Value | $825,258 |
| Average Home Value | $867,593 |
Housing Distribution
Address Breakdown
Residential
11,017
Single Family
10,456
Multi-Family
561
Businesses
843
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 1944
5,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90712, Lakewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 8,278 (70.5%) |
| Renter Occupied HU | 3,179 (27.1%) |
| Vacant Housing Units | 288 ( 2.5%) |
| Median Home Value | $825,258 |
| Average Home Value | $867,593 |
Housing Distribution
Address Breakdown
Residential
11,017
Single Family
10,456
Multi-Family
561
Businesses
843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #PW26045871