370 S Miraleste Dr Unit 389San 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
Investment property for sale in San Pedro at 370 S Miraleste Dr Unit 389, San Pedro, CA, 90732 uses $171,047 cash to close to unlock $19,506/yr annual cash flow and $1,625/mo monthly cash flow. Total monthly income runs $4,842/mo, and a $2,545/mo payment keeps the spread at $1,625/mo. Purchase price stands at $519,900, and rental yield measures 11.18% with $4,842/mo rent. Return on cash invested shows 31.46% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 164.77% and total cumulative return in cash records $281,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,842/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Condo
Built in 1971
7.46 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: Yoko Shishido • Ocean Palisades Realty, Inc.
Mls Name: CRMLS
Mls ID: #SB26017677