1414 Caddington DrRancho Palos VerdesCA90275
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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 Rancho Palos Verdes at 1414 Caddington Dr, Rancho Palos Verdes, CA, 90275 generates $8,336/mo in rent and, after a $5,751/mo payment, leaves $767/mo in cash flow. Total monthly income is $8,336/mo, and annual cash flow is $9,200/yr on $380,700 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 8.51% on a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 118.51% and total cumulative return in cash sums $451,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,336/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
6,664 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 90275, Rancho Palos Verdes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 12,140 (74.3%) |
| Renter Occupied HU | 3,471 (21.2%) |
| Vacant Housing Units | 729 ( 4.5%) |
| Median Home Value | $1,493,370 |
| Average Home Value | $1,540,666 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
13,104
Multi-Family
3,180
Businesses
361
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $1,175,000 |
| 2006-10-26 | Sold | $780,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $12417.25 | 5.22% | $1,004,440 | 2.00% |
| 2022-08-14 | $11800.74 | 1.09% | $984,746 | 2.00% |
| 2021-08-14 | $11672.96 | 3.79% | $965,438 | 5.98% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1973
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 1,624 sqft
- Property Condition: Repairs Cosmetic
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Vinyl
- Interior Features: Ceiling Fan(s), Ceramic Counters, Copper Plumbing Partial, All Bedrooms Down, Attic, Family Room, Laundry, Master Suite, Dining Ell, Eating Area In Living Room
- Exterior Features: N/A
- Parking Features: Direct Access, Garage Door Opener
Location
- City: Rancho Palos Verdes
- State: CA
- Subdivision: N/A
- Lot Size: 6,664 sqft
- Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lot 6500-9999, Park Nearby, Sprinklers In Front, Yard
- View: Neighborhood
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
- Sewer: Sewer Paid
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Maggie de Alba • Keller Williams Palos Verdes
Mls Name: CRMLS
Mls Provider:
Mls ID: #SB24153411
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information