478 Logan WayMarinaCA93933
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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
Investment Highlights
Rental property for sale in Marina at 478 Logan Way, Marina, CA, 93933 offers $4,763/mo rent that, after a $6,118/mo payment. Total monthly income is $4,763/mo. Return on cash invested measures 11.57% in year one, and rental yield stands at 4.57% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 58.03% and total cumulative return in cash reaches $235,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,763/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
6,891 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93933, Marina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,836 (100%) |
| Owner Occupied HU | 4,579 (42.3%) |
| Renter Occupied HU | 5,457 (50.4%) |
| Vacant Housing Units | 800 ( 7.4%) |
| Median Home Value | $824,843 |
| Average Home Value | $865,673 |
Housing Distribution
Address Breakdown
Residential
10,894
Single Family
10,101
Multi-Family
793
Businesses
710
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Nearby investment properties with comparable prices
Listed by: Corazon Lim • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82028635