420 Pacific StSanta MonicaCA90405
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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 Santa Monica at 420 Pacific St, Santa Monica, CA, 90405 priced at $1,166,800 converts $5,801/mo rent into after a $5,711/mo obligation. Total monthly income equals $5,801/mo. Return on cash invested prints 13.95% in year one, and rental yield reads 5.97% against a $1,166,800 entry. Equity gained on principal adds $7,529/yr, while 5% annual appreciation compiles into $322,365 by year five. Five-year ROI reaches 71.5% and total cumulative return in cash sums $270,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,801/mo property income covering a $5,711/mo payment, not borrower’s personal income.
Condo
Built in 1963
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90405, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 4,571 (30.1%) |
| Renter Occupied HU | 9,417 (62.0%) |
| Vacant Housing Units | 1,212 ( 8.0%) |
| Median Home Value | $1,782,468 |
| Average Home Value | $1,716,955 |
Housing Distribution
Address Breakdown
Residential
15,252
Single Family
6,537
Multi-Family
8,715
Businesses
1,432
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Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #25571509