1440 12th St APT CManhattan BeachCA90266
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1440 12th St APT C, Manhattan Beach, CA, 90266 in Manhattan Beach worth study. Rental yield 5.27%. The 5.27% gross yield is below cash-flow benchmarks at $1,599,000, but 5% annual appreciation, adding $441,774 over five years, frames this as a capital growth position. Rent of $7,021/mo partially offsets the $7,190/mo payment. Ziffy Mortgage finances appreciation-play properties (0.98 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $421,570.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.5% |
| Monthly Cash Flow | $(2,870) | $1,200 |
City averages based on Manhattan Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,021 |
| Total Monthly Debt Service | $9,255 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1980
6,984 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1980
6,984 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Miller • Beach City Brokers
Mls Name: CRMLS
Mls ID: #SB25179808