1808 Velez DrRancho Palos VerdesCA90275
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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 Rancho Palos Verdes at 1808 Velez Dr, Rancho Palos Verdes, CA, 90275 listed at $1,998,000 pairs $7,927/mo rent with a $9,779/mo payment. Total monthly income runs $7,927/mo. Return on cash invested measures 12.15% in year one, and rental yield registers 4.76% at a $1,998,000 basis. Equity gained on principal adds $12,893/yr, and annual property appreciation at 5% supports $552,011 by year five. Five-year ROI tracks 61.15% and total cumulative return in cash totals $395,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,927/mo property income relative to a $9,779/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
7,212 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90275, Rancho Palos Verdes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 12,140 (74.3%) |
| Renter Occupied HU | 3,471 (21.2%) |
| Vacant Housing Units | 729 ( 4.5%) |
| Median Home Value | $1,493,370 |
| Average Home Value | $1,540,666 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
13,104
Multi-Family
3,180
Businesses
361
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Listed by: Tom Royds • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25186521