1543 Merion Way #M2-45E, Seal Beach, CA, 90740 | $958/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1543 Merion Way #M2-45E, Seal Beach, CA, 90740 | $958/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Seal Beach at 1543 Merion Way #M2-45E, Seal Beach, CA, 90740 uses $119,009 cash to close to unlock $11,499/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $1,757/mo payment keeps the spread at $958/mo. Purchase price stands at $359,000, and rental yield measures 10.63% with $3,179/mo rent. Return on cash invested shows 29.57% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash records $184,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $1,757/mo payment rather than investor’s personal income.

Condo

Built in 1962

N/A lot

$N/A/sqft

No HOA

More details about the property

Fantastic, basic 2 bedroom, 1 bath on a large greenbelt. This wonderful unit features a remodeled kitchen and bathroom as well as a scraped ceiling and laminate floor throughout. The kitchen includes a unique real butcher block counter, tile backsplash, farmhouse sink as well as a dishwasher, built in microwave, and large, flared skylight. The bathroom has a new vanity and sink as well as a WASHER/DRYER! There are 4 large skylights in the unit including kitchen, bathroom, living room, and secondary bedroom. This unit has a ton of light! The unit also boasts a heat pump to heat and cool the unit. The 400sf patio includes another skylight, overlooks a large greenbelt and faces south east which means shade in the afternoon! The patio also includes a storage room for all your treasures. This unit is absolutely move in ready! Oh, and did I mention this unit is in one of the quietest areas of the community - a long way from the freeway and the power plant yet close to all of the Leisure World amenities. Carport Building 37, Space 44.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90740, Seal Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,241 (100%)
Owner Occupied HU	9,684 (68.0%)
Renter Occupied HU	3,384 (23.8%)
Vacant Housing Units	1,173 ( 8.2%)
Median Home Value	$687,252
Average Home Value	$877,463