33 Reef St APT 5Marina Del ReyCA90292
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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
Total monthly income runs $4,719/mo, and a $7,807/mo payment. Purchase price stands at $1,595,000, and rental yield measures 3.55% with $4,719/mo rent. Return on cash invested shows 8.42% in year one, and 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 41.1% and total cumulative return in cash records $212,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,719/mo property income covering a $7,807/mo payment rather than investor’s personal income.
Condo
Built in 1973
8,372 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90292, Marina Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,973 (100%) |
| Owner Occupied HU | 4,477 (23.6%) |
| Renter Occupied HU | 12,177 (64.2%) |
| Vacant Housing Units | 2,319 (12.2%) |
| Median Home Value | $1,412,028 |
| Average Home Value | $1,480,939 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
3,871
Multi-Family
13,033
Businesses
877
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Listed by: Kerry Ann Sullivan • Pardee Properties
Mls Name: CLAW
Mls ID: #25579643