2516 Fisk LnRedondo 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 2516 Fisk Ln, Redondo Beach, CA, 90278 priced at $1,799,000 pairs $6,888/mo rent with after a $8,805/mo payment. Total monthly income equals $6,888/mo. Return on cash invested is 11.64% in year one, and rental yield stands at 4.59% on a $1,799,000 basis. Equity gained on principal adds $11,609/yr, and 5% annual appreciation accumulates to $497,031 by year five. Five-year ROI measures 58.4% and total cumulative return in cash reaches $340,377. For financing, Ziffy Mortgage’s DSCR program evaluates $6,888/mo property income against a $8,805/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
5,255 sqft 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: Jocelyn Backes • Beach City Brokers
Mls Name: CRMLS
Mls ID: #SB25273643