7018 Rita Ave UNIT 206Huntington ParkCA90255
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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 Huntington Park at 7018 Rita Ave UNIT 206, Huntington Park, CA, 90255 uses $133,263 cash to close to unlock $7,401/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $3,104/mo, and a $1,968/mo payment keeps the spread at $617/mo. Purchase price stands at $402,000, and rental yield measures 9.27% with $3,104/mo rent. Return on cash invested shows 25.46% in year one, and 5% annual appreciation builds toward $111,065 over five years. Five-year ROI reaches 132.62% and total cumulative return in cash records $176,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,104/mo property income covering a $1,968/mo payment rather than investor’s personal income.
Condo
Built in 1998
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90255, Huntington Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,633 (100%) |
| Owner Occupied HU | 6,130 (31.2%) |
| Renter Occupied HU | 13,012 (66.3%) |
| Vacant Housing Units | 491 ( 2.5%) |
| Median Home Value | $627,717 |
| Average Home Value | $702,697 |
Housing Distribution
Address Breakdown
Residential
18,687
Single Family
12,830
Multi-Family
5,857
Businesses
2,528
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Listed by: Christina Baltazar • CENTURY 21 MASTERS
Mls Name: CRMLS
Mls ID: #CV25192922