2801 Virginia AveSanta MonicaCA90404
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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 2801 Virginia Ave, Santa Monica, CA, 90404 listed at $1,699,999 pairs $5,526/mo rent with a $8,321/mo payment. Total monthly income runs $5,526/mo. Return on cash invested measures 9.5% in year one, and rental yield registers 3.9% at a $1,699,999 basis. Equity gained on principal adds $10,970/yr, and annual property appreciation at 5% supports $469,678 by year five. Five-year ROI tracks 46.91% and total cumulative return in cash totals $258,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,526/mo property income relative to a $8,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1948
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90404, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,386 (100%) |
| Owner Occupied HU | 2,071 (16.7%) |
| Renter Occupied HU | 9,230 (74.5%) |
| Vacant Housing Units | 1,085 ( 8.8%) |
| Median Home Value | $1,282,886 |
| Average Home Value | $1,355,974 |
Housing Distribution
Address Breakdown
Residential
11,190
Single Family
3,290
Multi-Family
7,900
Businesses
1,712
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Listed by: Raquel Lopez • PAK Home Realty
Mls Name: CRMLS
Mls ID: #SR25224734