832 Coriander Dr UNIT BTorranceCA90502
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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 Torrance at 832 Coriander Dr UNIT B, Torrance, CA, 90502 with 5% annual appreciation on a $278,874 basis while $2,490/mo rent supports operations. Total monthly income totals $2,490/mo and a $1,365/mo payment preserves $627/mo for cash returns. Annual cash flow comes to $7,524/yr on $92,447 deployed, and return on cash invested reaches 28.05% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,048 alongside rental yield of 10.71%. Five-year ROI measures 147.11% and total cumulative return in cash totals $135,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,490/mo property income versus a $1,365/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in N/A
N/A 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A