340 S Miraleste Dr UNIT 275San PedroCA90732
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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 San Pedro at 340 S Miraleste Dr UNIT 275, San Pedro, CA, 90732 generates $3,588/mo in rent and, after a $2,296/mo payment, leaves $686/mo in cash flow. Total monthly income is $3,588/mo, and annual cash flow is $8,234/yr on $155,474 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.18% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 131.26% and total cumulative return in cash sums $204,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,588/mo property income rather than buyer’s personal income.
Condo
Built in 1971
8.18 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
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Listed by: Cynthia Castile • The Realestate Group
Mls Name: CRMLS
Mls ID: #SB25282497