1460 Seacoast Dr UNIT 1, Imperial Beach, CA, 91932 | 7.4% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1460 Seacoast Dr UNIT 1, Imperial Beach, CA, 91932 | 7.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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2 Bed
2 Bath
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1460 Seacoast Dr UNIT 9, Imperial Beach, CA, 91932

2 Bed
2 Bath
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1524 Seacoast Dr, Imperial Beach, CA, 91932

2 Bed
2 Bath
823 sft

1460 Seacoast Dr, Imperial Beach, CA, 91932

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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

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Investment Highlights

Rental property for sale in Imperial Beach at 1460 Seacoast Dr UNIT 1, Imperial Beach, CA, 91932 generates $3,694/mo in rent, after a $2,932/mo payment. Total monthly income is $3,694/mo. Return on cash invested sits at 19.99% in year one, and rental yield is 7.4% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash sums $203,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,694/mo property income rather than buyer’s personal income.

Condo

Built in 1973

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

<<>>If you have ever wanted the sand & waves as your private backyard, NOW is the chance. This OCEANFRONT COMPLEX is perfect if youre looking for a beach lifestyle!! The Surf and Sand Complex has undergone renovations last year to enhance its beauty. Each unit received beautiful new windows and the entire building has new exterior paint and stucco! This 2 bed/2 full bathroom condo was completely renovated 5 years ago and is COMPLETELY MOVE-IN READY! Situated on the South end of Seacoast Drive, its location across the street from the Estuary provides additional street parking and is less noisy and congested than areas north of IB Blvd. It is a sought-after area in this charming beach community. The primary bedroom has its own full bath attached and the second full bathroom is where youll have your own IN-UNIT LAUNDRY. You will also enjoy your very own outdoor space that is situated just off the kitchen with your own private balcony that faces the Estuary. In addition, you have your very own assigned parking space AND additional storage in the parking area that is shared with just 2 other homeowners. There is plenty of room for bikes, surfboards, kayaks and more. This south end of Seacoast Drive is a coveted little gem in Imperial Beach yet close enough to walk to dining, bars, shopping and fishing off the pier. You'll enjoy watching the sunrise over the Estuary and beautiful sunsets over the Pacific Ocean. In addition, your backyard space offers a relaxed area to hang out with friends & family and enjoy fireworks off the Pier during the 4th of July. If you are ready to fall asleep listening to the waves from inside your home, this is the perfect place for you.

Neighborhood Data

Neighborhood data shown for ZIP Code: 91932, Imperial Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,139 (100%)
Owner Occupied HU	3,032 (29.9%)
Renter Occupied HU	6,365 (62.8%)
Vacant Housing Units	742 ( 7.3%)
Median Home Value	$883,246
Average Home Value	$945,678