1133 24th St APT 5Santa MonicaCA90403
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
Total monthly income runs $7,392/mo, and a $6,913/mo payment. Purchase price stands at $1,412,500, and rental yield measures 6.28% with $7,392/mo rent. Return on cash invested shows 14.06% in year one, and 5% annual appreciation builds toward $390,248 over five years. Five-year ROI reaches 72.4% and total cumulative return in cash records $331,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,392/mo property income covering a $6,913/mo payment rather than investor’s personal income.
Townhouse
Built in 1974
0.42 Acres lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90403, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,536 (100%) |
| Owner Occupied HU | 3,137 (21.6%) |
| Renter Occupied HU | 9,979 (68.7%) |
| Vacant Housing Units | 1,420 ( 9.8%) |
| Median Home Value | $1,743,844 |
| Average Home Value | $1,682,748 |
Housing Distribution
Address Breakdown
Residential
14,810
Single Family
3,037
Multi-Family
11,773
Businesses
911
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Waryck • The Agency
Mls Name: CLAW
Mls Provider:
Mls ID: #25536481
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-10-19 03:57:38 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.