8072 Joan CirLa PalmaCA90623
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 8072 Joan Cir, La Palma, CA, 90623 in La Palma is capital appreciation. Rental yield 5.13%. The 5.13% gross yield at $1,349,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $372,952 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.95) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $345,604.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.0% |
| Monthly Cash Flow | $(2,584) | $2,000 |
City averages based on La Palma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,767 |
| Total Monthly Debt Service | $7,814 |
| DSCR Ratio | 0.74x |
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.
Single Family
Built in 1965
5,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90623, La Palma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,185 (100%) |
| Owner Occupied HU | 3,565 (68.8%) |
| Renter Occupied HU | 1,507 (29.1%) |
| Vacant Housing Units | 113 ( 2.2%) |
| Median Home Value | $942,802 |
| Average Home Value | $1,011,208 |
Housing Distribution
Address Breakdown
Residential
5,233
Single Family
4,863
Multi-Family
370
Businesses
318
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
Single Family
Built in 1965
5,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90623, La Palma, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,185 (100%) |
| Owner Occupied HU | 3,565 (68.8%) |
| Renter Occupied HU | 1,507 (29.1%) |
| Vacant Housing Units | 113 ( 2.2%) |
| Median Home Value | $942,802 |
| Average Home Value | $1,011,208 |
Housing Distribution
Address Breakdown
Residential
5,233
Single Family
4,863
Multi-Family
370
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Steggell • Allianz Capital Group, Inc.
Mls Name: CRMLS
Mls ID: #PW25175225