7456 Corey StDowneyCA90242
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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 7456 Corey St, Downey, CA, 90242 generates $4,904/mo in rent, after a $5,183/mo payment. Total monthly income is $4,904/mo. Return on cash invested sits at 14.61% in year one, and rental yield is 5.56% on a $1,059,000 entry. Equity gained on principal adds $6,834/yr, while 5% annual appreciation builds toward $292,582 over five years. Five-year ROI reaches 74.33% and total cumulative return in cash sums $255,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,904/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
5,267 sqft 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: Wonjin Chris Chung • T.N.G. Real Estate Consultants
Mls Name: CRMLS
Mls ID: #PW26011136