1228 14th St APT 201Santa MonicaCA90404
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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
Total monthly income runs $6,206/mo, and a $7,087/mo payment. Purchase price stands at $1,448,000, and rental yield measures 5.14% with $6,206/mo rent. Return on cash invested shows 13.33% in year one, and 5% annual appreciation builds toward $400,056 over five years. Five-year ROI reaches 67.47% and total cumulative return in cash records $316,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,206/mo property income covering a $7,087/mo payment rather than investor’s personal income.
Condo
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90404, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,386 (100%) |
| Owner Occupied HU | 2,071 (16.7%) |
| Renter Occupied HU | 9,230 (74.5%) |
| Vacant Housing Units | 1,085 ( 8.8%) |
| Median Home Value | $1,282,886 |
| Average Home Value | $1,355,974 |
Housing Distribution
Address Breakdown
Residential
11,190
Single Family
3,290
Multi-Family
7,900
Businesses
1,712
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Listed by: Andrew Vargas • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25537771