8950 Serapis Ave APT 18DowneyCA90240
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
Investment Highlights
Investment property for sale in Downey at 8950 Serapis Ave APT 18, Downey, CA, 90240 offers a 6.71% rental yield on a $851,888 purchase with $4,762/mo rent. 88% in year one. Equity gained on principal adds $5,497/yr while 5% annual appreciation supports $235,361 over five years. Portfolio math shows five-year ROI at 91.95% and total cumulative return in cash at $257,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,762/mo property income against a $4,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2,703 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90240, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,845 (100%) |
| Owner Occupied HU | 5,197 (66.2%) |
| Renter Occupied HU | 2,421 (30.9%) |
| Vacant Housing Units | 227 ( 2.9%) |
| Median Home Value | $858,567 |
| Average Home Value | $961,305 |
Housing Distribution
Address Breakdown
Residential
7,926
Single Family
5,934
Multi-Family
1,992
Businesses
926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Hill • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-31151