501 Herondo St APT 50Hermosa 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
Total monthly income runs $5,675/mo, and a $8,071/mo payment. Purchase price stands at $1,649,000, and rental yield measures 4.13% with $5,675/mo rent. Return on cash invested shows 10.2% in year one, and 5% annual appreciation builds toward $455,588 over five years. Five-year ROI reaches 50.7% and total cumulative return in cash records $270,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,675/mo property income covering a $8,071/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
1.04 Acres 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: Brittny Burford • Estate Properties
Mls Name: CRMLS
Mls ID: #SB26001579