356 Reservation Rd #68MarinaCA93933
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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 Marina at 356 Reservation Rd #68, Marina, CA, 93933 uses $122,324 cash to close to unlock $2,500/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $2,491/mo, and a $1,806/mo payment keeps the spread at $208/mo. Purchase price stands at $369,000, and rental yield measures 8.1% with $2,491/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 113.81% and total cumulative return in cash records $139,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,491/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A 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: Kimberly Macias • RE/MAX Gold
Mls Name: MLSListings Inc
Mls ID: #ML82010861