7018 Rita Ave UNIT 404Huntington 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
Rental property for sale in Huntington Park at 7018 Rita Ave UNIT 404, Huntington Park, CA, 90255 generates $3,317/mo in rent and, after a $2,158/mo payment, leaves $589/mo in cash flow. Total monthly income is $3,317/mo, and annual cash flow is $7,072/yr on $146,192 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 9.03% on a $441,000 entry. Equity gained on principal adds $2,846/yr, while 5% annual appreciation builds toward $121,840 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash sums $188,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,317/mo property income rather than buyer’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: Jeanet Salazar • J A T S Enterprises, Inc.
Mls Name: CRMLS
Mls ID: #DW25132132