8123 Ocean View AveWhittierCA90602
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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 Whittier at 8123 Ocean View Ave, Whittier, CA, 90602 generates $5,404/mo in rent, after a $5,873/mo payment. Total monthly income is $5,404/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 5.4% on a $1,199,999 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 71.79% and total cumulative return in cash sums $279,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,404/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
7,546 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90602, Whittier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,426 (100%) |
| Owner Occupied HU | 3,466 (36.8%) |
| Renter Occupied HU | 5,572 (59.1%) |
| Vacant Housing Units | 388 ( 4.1%) |
| Median Home Value | $781,602 |
| Average Home Value | $824,171 |
Housing Distribution
Address Breakdown
Residential
8,997
Single Family
5,647
Multi-Family
3,350
Businesses
750
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Listed by: Ira Feldman • Homequest Real Estate
Mls Name: CRMLS
Mls ID: #TR25166214