8509 Cleta StDowneyCA90241
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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 Downey at 8509 Cleta St, Downey, CA, 90241 generates $3,566/mo in rent, after a $5,134/mo payment. Total monthly income is $3,566/mo. Return on cash invested sits at 10.05% in year one, and rental yield is 4.08% on a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation builds toward $289,819 over five years. Five-year ROI reaches 49.88% and total cumulative return in cash sums $169,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,566/mo property income rather than buyer’s personal income.
Multi Family
Built in 1948
6,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90241, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,500 (100%) |
| Owner Occupied HU | 6,045 (41.7%) |
| Renter Occupied HU | 7,950 (54.8%) |
| Vacant Housing Units | 505 ( 3.5%) |
| Median Home Value | $826,458 |
| Average Home Value | $869,737 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
8,972
Multi-Family
5,726
Businesses
1,937
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Listed by: Erin Barry • Seven Gables Real Estate
Mls Name: CRMLS
Mls ID: #OC25188193