1618 Spreckels Ln, Redondo Beach, CA, 90278 | 5% Rental Yield

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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

Total monthly income runs $5,824/mo, and a $6,847/mo payment. Purchase price stands at $1,399,000, and rental yield measures 5% with $5,824/mo rent. Return on cash invested shows 12.88% in year one, and 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 65.03% and total cumulative return in cash records $294,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,824/mo property income covering a $6,847/mo payment rather than investor’s personal income.

Single Family

Built in 1957

4,052 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,981 (100%)
Owner Occupied HU	9,444 (55.6%)
Renter Occupied HU	6,957 (41.0%)
Vacant Housing Units	580 ( 3.4%)
Median Home Value	$1,224,834
Average Home Value	$1,265,967