13421 Del Monte Dr APT 24C, Seal Beach, CA, 90740 | $1,173/mo Cash Flow

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13421 Del Monte Dr APT 24C, Seal Beach, CA, 90740 | $1,173/mo Cash Flow | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Seal Beach at 13421 Del Monte Dr APT 24C, Seal Beach, CA, 90740 earns $1,173/mo cash flow from $3,313/mo rent with a $1,694/mo payment. Total monthly income totals $3,313/mo, and annual cash flow totals $14,077/yr on $114,699 capital. ROI tracks 32.18% on current figures, and rental yield reads 11.49% at a $346,000 purchase. Equity gained on principal adds $2,233/yr, and 5% annual appreciation supports $95,593 over five years. Five-year ROI reaches 168.69% and total cumulative return in cash sums $193,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,313/mo property income instead of your personal income.

Condo

Built in 1963

1,200 sqft lot

$N/A/sqft

No HOA

More details about the property

This unit is located in the highly desirable Mutual 14, a short walk to the golf course! It is right inside the Front Gate for easy entering and exiting. The unit faces East for the morning sun and has parking available in front of the unit. The carport (Carport 157 Space 9) is behind Building 24. The unit has recently been painted and has new windows. Also has several skylights including on the "L" shaped patio area. A large storage room is on the patio. There is a sliding glass door from the Master Bedroom out onto the patio. There is a newer deluxe washer and dryer and heat pump in living room and bedroom. The kitchen has a ceiling fan and a dishwasher added. There is a decorative fireplace with a heat source. This unit is being sold "AS IS".

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