312 E Rustic RdSanta MonicaCA90402
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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 312 E Rustic Rd, Santa Monica, CA, 90402 projects strong ROI of 8.54%. Rental yield 3.59%. With 5% annual appreciation, the property builds $1,851,086 in value over five years. Equity growth combined delivers a projected five-year ROI of 41.76%, translating into $906,601 in total cumulative return on $2,170,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2024
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90402, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,114 (100%) |
| Owner Occupied HU | 3,335 (54.5%) |
| Renter Occupied HU | 2,085 (34.1%) |
| Vacant Housing Units | 694 (11.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,050,430 |
Housing Distribution
Address Breakdown
Residential
5,554
Single Family
3,624
Multi-Family
1,930
Businesses
97
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Listed by: Frank Langen • Compass
Mls Name: CLAW
Mls Provider:
Mls ID: #24-436911
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.