2206 Rockefeller Ln UNIT 2Redondo BeachCA90278
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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 2206 Rockefeller Ln UNIT 2, Redondo Beach, CA, 90278 generates $5,536/mo in rent, after a $4,890/mo payment. Total monthly income is $5,536/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 6.65% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 91% and total cumulative return in cash sums $299,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,536/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
7,507 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 9,444 (55.6%) |
| Renter Occupied HU | 6,957 (41.0%) |
| Vacant Housing Units | 580 ( 3.4%) |
| Median Home Value | $1,224,834 |
| Average Home Value | $1,265,967 |
Housing Distribution
Address Breakdown
Residential
16,782
Single Family
10,482
Multi-Family
6,300
Businesses
999
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Listed by: Kerry LaPine • Vista Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #PV25202737