2345 190th St SPACE 31Redondo 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 2345 190th St SPACE 31, Redondo Beach, CA, 90278 generates $1,665/mo in rent and, after a $1,170/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,665/mo, and annual cash flow is $2,235/yr on $79,229 invested. Return on cash invested sits at 22.73% in year one, and rental yield is 8.36% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 118.02% and total cumulative return in cash sums $93,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,665/mo property income rather than buyer’s personal income.
Manufactured
Built in 1975
N/A 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: Denise Birtch • Realty One Group United
Mls Name: CRMLS
Mls ID: #SB25172242