28121 Highridge Rd APT 405, Rancho Palos Verdes, CA, 90275 | $116/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

28121 Highridge Rd APT 405, Rancho Palos Verdes, CA, 90275 | $116/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
987 sft

29600 Island View Dr APT 100, Rancho Palos Verdes, CA, 90275

2 Bed
2 Bath
1209 sft

6526 Ocean Crest Dr, Rancho Palos Verdes, CA, 90275

1 Bed
2 Bath
778 sft

6542 Ocean Crest Dr APT D204, Rancho Palos Verdes, CA, 90275

1 Bed
1 Bath
778 sft

6542 Ocean Crest Dr APT D303, Rancho Palos Verdes, CA, 90275

Nearby investment properties with comparable prices

1 Bed
1 Bath
987 sft

29600 Island View Dr APT 300, Rancho Palos Verdes, CA, 90275

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

Explore more listings using simple english

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

More details about the property

Excellent Opportunity to own a property in Palos Verdes! Well-maintained top floor 1-bedroom, 1-bathroom condo in Palos Verdes Penthouse HOA offering 758 sq. ft. in the heart of the Peninsula. Occupied by family members for years, this home boasts a quiet interior location with views of the community pool. The open living room features floor-to-ceiling windows, a cozy fireplace, and an adjacent dining area with ceiling fan. Step through the glass sliding door onto the balcony overlooking the pool. The kitchen offers ample space with wood cabinetry. Spacious bathroom features a wide vanity suitable for seating and a bathtub. The good-sized bedroom includes a private balcony, walk-in closet, and storage cabinets. Additional amenities include subterranean garage parking with private storage, laundry on every floor, community pool, and recreation room. Conveniently located near Peninsula Center for shopping, dining, and entertainment, all within the award-winning Peninsula Unified School District.

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