189 San Pablo Ct APT 13MarinaCA93933
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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
Rental property for sale in Marina at 189 San Pablo Ct APT 13, Marina, CA, 93933 generates $4,205/mo in rent and, after a $2,883/mo payment, leaves $561/mo in cash flow. Total monthly income is $4,205/mo, and annual cash flow is $6,734/yr on $193,781 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 8.57% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 122.27% and total cumulative return in cash sums $236,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,205/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93933, Marina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,836 (100%) |
| Owner Occupied HU | 4,579 (42.3%) |
| Renter Occupied HU | 5,457 (50.4%) |
| Vacant Housing Units | 800 ( 7.4%) |
| Median Home Value | $824,843 |
| Average Home Value | $865,673 |
Housing Distribution
Address Breakdown
Residential
10,894
Single Family
10,101
Multi-Family
793
Businesses
710
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Listed by: Jacquelyn Le • Preferealty.com Corporation
Mls Name: MetroList Services of CA
Mls ID: #225127542