302 S Miraleste DrSan PedroCA90732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 San Pedro at 302 S Miraleste Dr, San Pedro, CA, 90732 priced at $349,000 converts $1,588/mo rent into after a $1,708/mo obligation. Total monthly income equals $1,588/mo. Return on cash invested prints 13.99% in year one, and rental yield reads 5.46% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 71.12% and total cumulative return in cash sums $82,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,588/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Condo
Built in 1971
7.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90732, San Pedro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,346 (100%) |
| Owner Occupied HU | 6,093 (65.2%) |
| Renter Occupied HU | 2,783 (29.8%) |
| Vacant Housing Units | 470 ( 5.0%) |
| Median Home Value | $900,711 |
| Average Home Value | $956,321 |
Housing Distribution
Address Breakdown
Residential
9,035
Single Family
7,443
Multi-Family
1,592
Businesses
304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Castile • The Realestate Group
Mls Name: CRMLS
Mls ID: #SB26003585