924 N Chester AveInglewoodCA90302
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 924 N Chester Ave, Inglewood, CA, 90302 in Inglewood. Rental yield 3.96%. At $850,000 with 3.96% gross yield, current distributions are modest, but the 5% appreciation rate projects $234,839 in new equity by year five, complemented by $7,829/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.73) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $164,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 5.0% |
| Monthly Cash Flow | $(2,451) | $1,500 |
City averages based on Inglewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,807 |
| Total Monthly Debt Service | $4,920 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1924
4,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90302, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,802 (100%) |
| Owner Occupied HU | 3,337 (28.3%) |
| Renter Occupied HU | 7,945 (67.3%) |
| Vacant Housing Units | 520 ( 4.4%) |
| Median Home Value | $825,289 |
| Average Home Value | $888,613 |
Housing Distribution
Address Breakdown
Residential
11,490
Single Family
4,728
Multi-Family
6,762
Businesses
865
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
Multi Family
Built in 1924
4,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90302, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,802 (100%) |
| Owner Occupied HU | 3,337 (28.3%) |
| Renter Occupied HU | 7,945 (67.3%) |
| Vacant Housing Units | 520 ( 4.4%) |
| Median Home Value | $825,289 |
| Average Home Value | $888,613 |
Housing Distribution
Address Breakdown
Residential
11,490
Single Family
4,728
Multi-Family
6,762
Businesses
865
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Manning • Manning & Associates Real Estate Services
Mls Name: CLAW
Mls ID: #25565521