2625 4th St #2Santa MonicaCA90405
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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 Santa Monica at 2625 4th St #2, Santa Monica, CA, 90405 offers a 9.5% rental yield on a $949,000 purchase with $7,511/mo rent. Total monthly income registers $7,511/mo, and a $4,645/mo payment leaves $830/mo available for distribution. Annual cash flow reaches $9,965/yr on $312,221 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 121.86% and total cumulative return in cash at $380,484. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,511/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
5,519 sqft lot
$N/A/sqft
$461 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90405, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 4,571 (30.1%) |
| Renter Occupied HU | 9,417 (62.0%) |
| Vacant Housing Units | 1,212 ( 8.0%) |
| Median Home Value | $1,782,468 |
| Average Home Value | $1,716,955 |
Housing Distribution
Address Breakdown
Residential
15,252
Single Family
6,537
Multi-Family
8,715
Businesses
1,432
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Listed by: Keri White • Element RE, Inc
Mls Name: CLAW
Mls Provider:
Mls ID: #24-421851
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.