28121 Highridge Rd APT 405Rancho Palos VerdesCA90275
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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 Rancho Palos Verdes at 28121 Highridge Rd APT 405, Rancho Palos Verdes, CA, 90275 generates $2,832/mo in rent and, after a $2,149/mo payment, leaves $116/mo in cash flow. Total monthly income is $2,832/mo, and annual cash flow is $1,391/yr on $145,529 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 7.74% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash sums $157,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,832/mo property income rather than buyer’s personal income.
Condo
Built in 1974
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90275, Rancho Palos Verdes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 12,140 (74.3%) |
| Renter Occupied HU | 3,471 (21.2%) |
| Vacant Housing Units | 729 ( 4.5%) |
| Median Home Value | $1,493,370 |
| Average Home Value | $1,540,666 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
13,104
Multi-Family
3,180
Businesses
361
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Listed by: Becky Park • Peninsula Realty, Inc.
Mls Name: CRMLS
Mls ID: #SB25188764