1755 Ocean Ave APT 512Santa MonicaCA90401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestment property for sale in Santa Monica at 1755 Ocean Ave APT 512, Santa Monica, CA, 90401 projects strong ROI of 19.39%. Rental yield 7.57%. With 5% annual appreciation, the property builds $566,377 in value over five years. Equity growth combined delivers a projected five-year ROI of 118.11%, translating into $684,002 in total cumulative return on $579,125 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.2% |
| Monthly Cash Flow | $(1,573) | $1,500 |
City averages based on Santa Monica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,931 |
| Total Monthly Debt Service | $13,689 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2014
0.87 Acres lot
$N/A/sqft
$1,823 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2014
0.87 Acres lot
$N/A/sqft
$1,823 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices