202 Avenue CRedondo BeachCA90277
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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 Redondo Beach at 202 Avenue C, Redondo Beach, CA, 90277 priced at $1,999,000 pairs $8,213/mo rent with after a $9,784/mo payment. Total monthly income equals $8,213/mo. Return on cash invested is 12.68% in year one, and rental yield stands at 4.93% on a $1,999,000 basis. Equity gained on principal adds $12,899/yr, and 5% annual appreciation accumulates to $552,287 by year five. Five-year ROI measures 63.94% and total cumulative return in cash reaches $414,149. For financing, Ziffy Mortgage’s DSCR program evaluates $8,213/mo property income against a $9,784/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
7,503 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
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Listed by: Matthew Cox • Cove & Key Real Estate
Mls Name: CRMLS
Mls ID: #PV26000209