464 31st StManhattan BeachCA90266
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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 Manhattan Beach at 464 31st St, Manhattan Beach, CA, 90266 projects strong ROI of 25.99%.
With 5% annual appreciation, the property builds $1,103,745 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 135.36%, translating into $1,752,040 in total cumulative return on $1,294,380 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2003
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
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Listed by: Donna Sallen • Re/Max Gold Coast Realtors
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224188
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2024-02-12 14:06:22 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.