224 Palm AveMarinaCA93933
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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 Marina at 224 Palm Ave, Marina, CA, 93933 listed at $788,500 pairs $3,757/mo rent with a $3,859/mo payment. Total monthly income runs $3,757/mo. Return on cash invested measures 14.88% in year one, and rental yield registers 5.72% at a $788,500 basis. Equity gained on principal adds $5,088/yr, and annual property appreciation at 5% supports $217,848 by year five. Five-year ROI tracks 75.82% and total cumulative return in cash totals $196,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,757/mo property income relative to a $3,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4,390 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: Monterey Peninsula Home Team • KW Coastal Estates
Mls Name: MLSListings Inc
Mls ID: #ML82026458