4320 Glencoe Ave UNIT 2Marina 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
Rental property for sale in Marina Del Rey at 4320 Glencoe Ave UNIT 2, Marina Del Rey, CA, 90292 generates $4,609/mo in rent, after a $6,015/mo payment. Total monthly income is $4,609/mo. Return on cash invested sits at 11.35% in year one, and rental yield is 4.5% on a $1,229,000 entry. Equity gained on principal adds $7,931/yr, while 5% annual appreciation builds toward $339,550 over five years. Five-year ROI reaches 56.84% and total cumulative return in cash sums $226,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,609/mo property income rather than buyer’s personal income.
Townhouse
Built in 1974
12.68 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: Patricia O'Conner • Meadowbrook Realty
Mls Name: CRMLS
Mls ID: #PW25276693