7354 Diamond DrDowneyCA90240
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play7354 Diamond Dr, Downey, CA, 90240 in Downey is priced for appreciation, not yield. Rental yield 4.21%. At $777,990 with a 4.21% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $214,944 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.78) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $160,888.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 5.0% |
| Monthly Cash Flow | $(2,085) | $1,500 |
City averages based on Downey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,728 |
| Total Monthly Debt Service | $4,503 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90240, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,845 (100%) |
| Owner Occupied HU | 5,197 (66.2%) |
| Renter Occupied HU | 2,421 (30.9%) |
| Vacant Housing Units | 227 ( 2.9%) |
| Median Home Value | $858,567 |
| Average Home Value | $961,305 |
Housing Distribution
Address Breakdown
Residential
7,926
Single Family
5,934
Multi-Family
1,992
Businesses
926
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
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90240, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,845 (100%) |
| Owner Occupied HU | 5,197 (66.2%) |
| Renter Occupied HU | 2,421 (30.9%) |
| Vacant Housing Units | 227 ( 2.9%) |
| Median Home Value | $858,567 |
| Average Home Value | $961,305 |
Housing Distribution
Address Breakdown
Residential
7,926
Single Family
5,934
Multi-Family
1,992
Businesses
926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Taylor • In Town Living, Inc.
Mls Name: CRMLS
Mls ID: #OC25193612