447 Avenue ERedondo BeachCA90277
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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 Redondo Beach at 447 Avenue E, Redondo Beach, CA, 90277 at $1,700,000 posts ROI 9.71% with from $5,624/mo rent. Total monthly income equals $5,624/mo. Return on cash invested measures 9.71% and rental yield reads 3.97% at the current $1,700,000. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 by year five. Five-year ROI prints 48.05% and total cumulative return in cash totals $264,679. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,624/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,679 sqft lot
$N/A/sqft
No 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
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Listed by: John Garland • John Garland Real Estate
Mls Name: CRMLS
Mls ID: #SB25214859