2203 3rd St APT 1, Santa Monica, CA, 90405 | ROI: 14.07%

For Sale

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

Investment property for sale in Santa Monica at 2203 3rd St APT 1, Santa Monica, CA, 90405 projects strong ROI of 14.07%. Rental yield 5.38%. With 5% annual appreciation, the property builds $635,420 in value over five years. Equity growth combined delivers a projected five-year ROI of 71.42%, translating into $532,223 in total cumulative return on $745,168 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.

Condo

Built in 1999

0.52 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 90405, Santa Monica, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,200 (100%)
Owner Occupied HU	4,571 (30.1%)
Renter Occupied HU	9,417 (62.0%)
Vacant Housing Units	1,212 ( 8.0%)
Median Home Value	$1,782,468
Average Home Value	$1,716,955