3137 Lake DrMarinaCA93933
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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 Marina at 3137 Lake Dr, Marina, CA, 93933 offers $4,666/mo rent that, after a $4,111/mo payment. Total monthly income is $4,666/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 6.67% at a $839,900 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,049 by year five. Five-year ROI records 91.28% and total cumulative return in cash reaches $252,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,666/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6,379 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93933, Marina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,836 (100%) |
| Owner Occupied HU | 4,579 (42.3%) |
| Renter Occupied HU | 5,457 (50.4%) |
| Vacant Housing Units | 800 ( 7.4%) |
| Median Home Value | $824,843 |
| Average Home Value | $865,673 |
Housing Distribution
Address Breakdown
Residential
10,894
Single Family
10,101
Multi-Family
793
Businesses
710
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Listed by: Geary Engles • First City Real Estate, Inc.
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81998089
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-17 06:19:39 PDT. 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.