7322 Quill Dr APT 138DowneyCA90242
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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 Downey at 7322 Quill Dr APT 138, Downey, CA, 90242 generates $3,220/mo in rent, after a $2,790/mo payment. Total monthly income is $3,220/mo. Return on cash invested sits at 18.1% in year one, and rental yield is 6.78% on a $569,999 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 93.11% and total cumulative return in cash sums $174,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,220/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90242, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,687 (100%) |
| Owner Occupied HU | 6,323 (46.2%) |
| Renter Occupied HU | 6,963 (50.9%) |
| Vacant Housing Units | 401 ( 2.9%) |
| Median Home Value | $751,443 |
| Average Home Value | $772,312 |
Housing Distribution
Address Breakdown
Residential
12,651
Single Family
8,941
Multi-Family
3,710
Businesses
790
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Listed by: Eliazar Felix • VIP RE Firm
Mls Name: CRMLS
Mls ID: #DW25216240