9317 Elm Vista Dr APT 9DowneyCA90242
INVESTMENT ANALYSIS
Investment Verdict
Solid Income9317 Elm Vista Dr APT 9, Downey, CA, 90242 in Downey is a solid income-producing rental, 8.29% gross yield, $4,422/mo rent, $213/mo net cash flow on a $640,000 buy. DSCR 1.54 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $176,820 and $5,894/yr in principal reduction project a total cumulative return of $272,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.0% |
| Monthly Cash Flow | $213 | $1,500 |
City averages based on Downey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,422 |
| Total Monthly Debt Service | $3,705 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90242, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,687 (100%) |
| Owner Occupied HU | 6,323 (46.2%) |
| Renter Occupied HU | 6,963 (50.9%) |
| Vacant Housing Units | 401 ( 2.9%) |
| Median Home Value | $751,443 |
| Average Home Value | $772,312 |
Housing Distribution
Address Breakdown
Residential
12,651
Single Family
8,941
Multi-Family
3,710
Businesses
790
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
Townhouse
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90242, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,687 (100%) |
| Owner Occupied HU | 6,323 (46.2%) |
| Renter Occupied HU | 6,963 (50.9%) |
| Vacant Housing Units | 401 ( 2.9%) |
| Median Home Value | $751,443 |
| Average Home Value | $772,312 |
Housing Distribution
Address Breakdown
Residential
12,651
Single Family
8,941
Multi-Family
3,710
Businesses
790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carlos Ascencio • Real Brokerage Technologies
Mls Name: CRMLS
Mls ID: #PW25146725