1347 Avenida De CortezPacific PalisadesCA90272
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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
Rental property for sale in Pacific Palisades at 1347 Avenida De Cortez, Pacific Palisades, CA, 90272 generates $6,185/mo in rent, after a $9,765/mo payment. Total monthly income is $6,185/mo. Return on cash invested sits at 8.94% in year one, and rental yield is 3.72% on a $1,995,000 entry. Equity gained on principal adds $12,873/yr, while 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 43.92% and total cumulative return in cash sums $283,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,185/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
7,261 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90272, Pacific Palisades, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,060 (100%) |
| Owner Occupied HU | 3,760 (74.3%) |
| Renter Occupied HU | 901 (17.8%) |
| Vacant Housing Units | 399 ( 7.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,931,805 |
Housing Distribution
Address Breakdown
Residential
9,351
Single Family
8,043
Multi-Family
1,308
Businesses
804
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Listed by: Lauren Polan • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25595359