501 Palisades Dr APT 308Pacific PalisadesCA90272
INVESTMENT ANALYSIS
Investment Verdict
Solid Income501 Palisades Dr APT 308, Pacific Palisades, CA, 90272 in Pacific Palisades carries a 1.54 coverage ratio, rent of $2,924/mo is 1.54 times the $1,904/mo payment. Rental yield 8.29%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $423,473 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $116,998; total projected cumulative return: $180,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.0% |
| Monthly Cash Flow | $(249) | $3,000 |
City averages based on Pacific Palisades market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,924 |
| Total Monthly Debt Service | $2,451 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
6.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90272, Pacific Palisades, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,060 (100%) |
| Owner Occupied HU | 3,760 (74.3%) |
| Renter Occupied HU | 901 (17.8%) |
| Vacant Housing Units | 399 ( 7.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,931,805 |
Housing Distribution
Address Breakdown
Residential
9,351
Single Family
8,043
Multi-Family
1,308
Businesses
804
Nearby investment properties with comparable rents
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
Condo
Built in 1987
6.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90272, Pacific Palisades, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,060 (100%) |
| Owner Occupied HU | 3,760 (74.3%) |
| Renter Occupied HU | 901 (17.8%) |
| Vacant Housing Units | 399 ( 7.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,931,805 |
Housing Distribution
Address Breakdown
Residential
9,351
Single Family
8,043
Multi-Family
1,308
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blanca Chavoya • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #24-464833