13700 Marina Pointe Dr UNIT 1520VeniceCA90292
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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 Venice at 13700 Marina Pointe Dr UNIT 1520, Venice, CA, 90292 generates $5,447/mo in rent, after a $4,870/mo payment. Total monthly income is $5,447/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.57% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 89.69% and total cumulative return in cash sums $293,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,447/mo property income rather than buyer’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: Jesse Weinberg • Jesse Weinberg
Mls Name: CLAW
Mls ID: #25622211