919 E La Palma Dr APT 4InglewoodCA90301
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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 Inglewood at 919 E La Palma Dr APT 4, Inglewood, CA, 90301 listed at $347,500 pairs $2,218/mo rent with a $1,701/mo payment to leave $68/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $818/yr on $115,196 cash to close. Return on cash invested measures 20.62% in year one, and rental yield registers 7.66% at a $347,500 basis. Equity gained on principal adds $2,242/yr, and annual property appreciation at 5% supports $96,008 by year five. Five-year ROI tracks 106.68% and total cumulative return in cash totals $122,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $1,701/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90301, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,576 (100%) |
| Owner Occupied HU | 3,380 (24.9%) |
| Renter Occupied HU | 9,557 (70.4%) |
| Vacant Housing Units | 639 ( 4.7%) |
| Median Home Value | $774,168 |
| Average Home Value | $879,509 |
Housing Distribution
Address Breakdown
Residential
13,402
Single Family
5,897
Multi-Family
7,505
Businesses
1,582
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Listed by: RODRIGO MELGOZA • CENTURY 21 REALTY MASTERS
Mls Name: CRMLS
Mls ID: #MB25173201