1221 Golden Rain Rd #3CSeal BeachCA90740
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 Seal Beach at 1221 Golden Rain Rd #3C, Seal Beach, CA, 90740 uses $79,560 cash to close to unlock $2,652/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,175/mo payment keeps the spread at $221/mo. Purchase price stands at $240,000, and rental yield measures 8.53% with $1,706/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 120.71% and total cumulative return in cash records $96,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1964
772 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90740, Seal Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,241 (100%) |
| Owner Occupied HU | 9,684 (68.0%) |
| Renter Occupied HU | 3,384 (23.8%) |
| Vacant Housing Units | 1,173 ( 8.2%) |
| Median Home Value | $687,252 |
| Average Home Value | $877,463 |
Housing Distribution
Address Breakdown
Residential
14,002
Single Family
12,039
Multi-Family
1,963
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Casiano • Realty One Group West
Mls Name: CRMLS
Mls ID: #OC25160316