13600 Marina Pointe Dr UNIT 1507VeniceCA90292
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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
Investment property for sale in Venice at 13600 Marina Pointe Dr UNIT 1507, Venice, CA, 90292 listed at $1,749,000 pairs $5,262/mo rent with a $8,560/mo payment. Total monthly income runs $5,262/mo. Return on cash invested measures 8.6% in year one, and rental yield registers 3.61% at a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and annual property appreciation at 5% supports $483,216 by year five. Five-year ROI tracks 42.1% and total cumulative return in cash totals $238,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,262/mo property income relative to a $8,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90292, Marina Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,973 (100%) |
| Owner Occupied HU | 4,477 (23.6%) |
| Renter Occupied HU | 12,177 (64.2%) |
| Vacant Housing Units | 2,319 (12.2%) |
| Median Home Value | $1,412,028 |
| Average Home Value | $1,480,939 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
3,871
Multi-Family
13,033
Businesses
877
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Listed by: Panos Papadopoulos • LPT Realty, Inc
Mls Name: CLAW
Mls ID: #25616781