425 N Elena Ave #2Redondo BeachCA90277
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 425 N Elena Ave #2, Redondo Beach, CA, 90277 in Redondo Beach. At $1,595,000 it earns $11,208/mo in rent and distributes $841/mo to the owner after the $7,172/mo payment, a consistent 8.43% yield. DSCR 1.56 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $440,669 in value; $14,690/yr in principal paydown compounds ownership stake. Total projected return: $661,060.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $841 | $300 |
City averages based on Redondo Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,208 |
| Total Monthly Debt Service | $9,732 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1980
10,004 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1980
10,004 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices