13700 Marina Pointe Dr UNIT 1416VeniceCA90292
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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 $6,463/mo, and a $8,296/mo payment. Purchase price stands at $1,695,000, and rental yield measures 4.58% with $6,463/mo rent. Return on cash invested shows 11.58% in year one, and 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 58.08% and total cumulative return in cash records $318,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,463/mo property income covering a $8,296/mo payment rather than investor’s personal income.
Condo
Built in 2003
2.86 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: Ryan Sokolowski • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #25576751