624 W Beach AveInglewoodCA90302
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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 624 W Beach Ave, Inglewood, CA, 90302 listed at $1,150,000 pairs $3,987/mo rent with a $5,629/mo payment. Total monthly income runs $3,987/mo. Return on cash invested measures 10.3% in year one, and rental yield registers 4.16% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 51.2% and total cumulative return in cash totals $190,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,987/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
4,390 sqft 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: Magic Hong Lee • Leeway Funding Inc
Mls Name: CLAW
Mls ID: #26636459