8067 Otto StDowneyCA90240
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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 8067 Otto St, Downey, CA, 90240 offers $4,344/mo rent that, after a $6,363/mo payment. Total monthly income is $4,344/mo. Return on cash invested measures 9.83% in year one, and rental yield stands at 4.01% at a $1,300,000 entry. Equity gained on principal adds $8,389/yr while 5% annual appreciation compounds into $359,166 by year five. Five-year ROI records 48.71% and total cumulative return in cash reaches $205,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,344/mo property income versus a $6,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,922 sqft 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
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Listed by: Jorge Alvarez • American Team Properties
Mls Name: CRMLS
Mls ID: #DW26002983