501 Herondo St APT 11Hermosa BeachCA90254
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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 Hermosa Beach at 501 Herondo St APT 11, Hermosa Beach, CA, 90254 earns from $5,343/mo rent with a $7,826/mo payment. Total monthly income totals $5,343/mo. ROI tracks 9.83% on current figures, and rental yield reads 4.01% at a $1,599,000 purchase. Equity gained on principal adds $10,318/yr, and 5% annual appreciation supports $441,774 over five years. Five-year ROI reaches 48.72% and total cumulative return in cash sums $252,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,343/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90254, Hermosa Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,921 (100%) |
| Owner Occupied HU | 4,169 (42.0%) |
| Renter Occupied HU | 4,954 (49.9%) |
| Vacant Housing Units | 798 ( 8.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,804,921 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
6,872
Multi-Family
3,008
Businesses
1,029
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Listed by: Steven Thorn • Merit Real Estate
Mls Name: CRMLS
Mls ID: #PV25141082