4140 Glencoe Ave #409Marina 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
Investment property for sale in Marina Del Rey at 4140 Glencoe Ave #409, Marina Del Rey, CA, 90292 earns from $4,386/mo rent with a $5,869/mo payment. Total monthly income totals $4,386/mo. ROI tracks 11% on current figures, and rental yield reads 4.39% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 55% and total cumulative return in cash sums $213,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,386/mo property income instead of your personal income.
Condo
Built in 2016
0.91 Acres 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: Nicholas Phillips • Compass
Mls Name: CRMLS
Mls ID: #SB25196689