1532 9th St UNIT 2Santa MonicaCA90401
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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
Investment property for sale in Santa Monica at 1532 9th St UNIT 2, Santa Monica, CA, 90401 offers a 7.11% rental yield on a $949,000 purchase with $5,624/mo rent. 11% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 98.54% and total cumulative return in cash at $307,656. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,624/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
7,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90401, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,793 (100%) |
| Owner Occupied HU | 302 ( 5.2%) |
| Renter Occupied HU | 4,567 (78.8%) |
| Vacant Housing Units | 924 (16.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,769,103 |
Housing Distribution
Address Breakdown
Residential
5,945
Single Family
961
Multi-Family
4,984
Businesses
1,728
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Listed by: Tanya Memoli • Compass
Mls Name: CLAW
Mls ID: #25618819