356 Reservation Rd SPC 57MarinaCA93933
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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 SPC 57, Marina, CA, 93933 offers a 8.14% rental yield on a $299,000 purchase with $2,028/mo rent. Total monthly income registers $2,028/mo, and a $1,463/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,145/yr on $99,119 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 114.43% and total cumulative return in cash at $113,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,028/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2016
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 Provider:
Mls ID: #ML81996302
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-19 18:21:10 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.