8314 Somerset Ranch Rd UNIT DParamountCA90723
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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
Investment property for sale in Paramount at 8314 Somerset Ranch Rd UNIT D, Paramount, CA, 90723 listed at $549,988 pairs $3,536/mo rent with a $2,692/mo payment to leave $134/mo cash flow. Total monthly income runs $3,536/mo, and annual cash flow reaches $1,603/yr on $180,946 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.72% at a $549,988 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,952 by year five. Five-year ROI tracks 108.37% and total cumulative return in cash totals $196,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,536/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90723, Paramount, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,698 (100%) |
| Owner Occupied HU | 6,175 (42.0%) |
| Renter Occupied HU | 8,141 (55.4%) |
| Vacant Housing Units | 382 ( 2.6%) |
| Median Home Value | $572,421 |
| Average Home Value | $571,646 |
Housing Distribution
Address Breakdown
Residential
14,469
Single Family
9,603
Multi-Family
4,866
Businesses
2,120
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Listed by: Robert Giambalvo • Redfin Corporation
Mls Name: CRMLS
Mls ID: #PF25167819