23901 Civic Center Way APT 262MalibuCA90265
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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 Malibu at 23901 Civic Center Way APT 262, Malibu, CA, 90265 offers a 9.1% rental yield on a $799,000 purchase with $6,060/mo rent. Total monthly income registers $6,060/mo, and a $3,911/mo payment leaves $1,117/mo available for distribution. Annual cash flow reaches $13,403/yr on $262,871 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 130.95% and total cumulative return in cash at $344,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,060/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
3.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90265, Malibu, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,642 (100%) |
| Owner Occupied HU | 3,955 (51.8%) |
| Renter Occupied HU | 1,500 (19.6%) |
| Vacant Housing Units | 2,187 (28.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,834,116 |
Housing Distribution
Address Breakdown
Residential
7,634
Single Family
6,864
Multi-Family
770
Businesses
763
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Listed by: Wailani O'Herlihy • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25619785