23901 Civic Center Way #D238MalibuCA90265
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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 Malibu at 23901 Civic Center Way #D238, Malibu, CA, 90265 generates $6,060/mo in rent and, after a $3,671/mo payment, leaves $1,420/mo in cash flow. Total monthly income is $6,060/mo, and annual cash flow is $17,043/yr on $246,750 invested. Return on cash invested sits at 26.97% in year one, and rental yield is 9.7% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 140.67% and total cumulative return in cash sums $347,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,060/mo property income rather than buyer’s personal income.
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: Shelly Yrigoyen • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #26645385