1533 18th St APT 5Santa MonicaCA90404
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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
Total monthly income runs $5,030/mo, and a $6,730/mo payment. Purchase price stands at $1,375,000, and rental yield measures 4.39% with $5,030/mo rent. Return on cash invested shows 11.01% in year one, and 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 55% and total cumulative return in cash records $245,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,030/mo property income covering a $6,730/mo payment rather than investor’s personal income.
Townhouse
Built in 1992
7,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90404, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,386 (100%) |
| Owner Occupied HU | 2,071 (16.7%) |
| Renter Occupied HU | 9,230 (74.5%) |
| Vacant Housing Units | 1,085 ( 8.8%) |
| Median Home Value | $1,282,886 |
| Average Home Value | $1,355,974 |
Housing Distribution
Address Breakdown
Residential
11,190
Single Family
3,290
Multi-Family
7,900
Businesses
1,712
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Listed by: Gina Covello • Equity Union
Mls Name: CRMLS
Mls ID: #26636571