24 Voyage St APT 2Marina Del ReyCA90292
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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 Del Rey at 24 Voyage St APT 2, Marina Del Rey, CA, 90292 offers a 3.85% rental yield on a $1,757,500 purchase with $5,639/mo rent. 34% in year one. Equity gained on principal adds $11,341/yr while 5% annual appreciation supports $485,565 over five years. Portfolio math shows five-year ROI at 46.07% and total cumulative return in cash at $262,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,639/mo property income against a $8,602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
3,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90292, Marina Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,973 (100%) |
| Owner Occupied HU | 4,477 (23.6%) |
| Renter Occupied HU | 12,177 (64.2%) |
| Vacant Housing Units | 2,319 (12.2%) |
| Median Home Value | $1,412,028 |
| Average Home Value | $1,480,939 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
3,871
Multi-Family
13,033
Businesses
877
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Listed by: Richard Schulman • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25597593