812 Coriander Dr Unit FTorranceCA90502
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 812 Coriander Dr Unit F, Torrance, CA, 90502 in Torrance is the 1.50 coverage ratio: rent of $2,615/mo versus a $1,749/mo debt payment on a $389,000 property. Rental yield 8.07%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $107,474 by year five, with $3,583/yr in equity from paydown. Total projected cumulative return: $160,953.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.5% |
| Monthly Cash Flow | $(189) | $250 |
City averages based on Torrance market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,615 |
| Total Monthly Debt Service | $2,252 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1973
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90502, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 4,173 (63.0%) |
| Renter Occupied HU | 2,226 (33.6%) |
| Vacant Housing Units | 226 ( 3.4%) |
| Median Home Value | $738,208 |
| Average Home Value | $722,741 |
Housing Distribution
Address Breakdown
Residential
6,358
Single Family
4,931
Multi-Family
1,427
Businesses
791
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
Condo
Built in 1973
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90502, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 4,173 (63.0%) |
| Renter Occupied HU | 2,226 (33.6%) |
| Vacant Housing Units | 226 ( 3.4%) |
| Median Home Value | $738,208 |
| Average Home Value | $722,741 |
Housing Distribution
Address Breakdown
Residential
6,358
Single Family
4,931
Multi-Family
1,427
Businesses
791
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JEANNE HAI • RE/MAX PREMIER/SANMARINO
Mls Name: CRMLS
Mls ID: #WS26029087