563 Westminster AveVeniceCA90291
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
Investment Highlights
Investment property for sale in Venice at 563 Westminster Ave, Venice, CA, 90291 with 5% annual appreciation on a $1,328,774 basis while $7,459/mo rent supports operations. 77% in year one. Equity gained on principal adds $8,574/yr, and five-year appreciation sums $367,116 alongside rental yield of 6.74%. Five-year ROI measures 86.46% and total cumulative return in cash totals $372,217. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,459/mo property income versus a $6,504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1926
5,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90291, Venice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,662 (100%) |
| Owner Occupied HU | 4,668 (28.0%) |
| Renter Occupied HU | 10,056 (60.4%) |
| Vacant Housing Units | 1,938 (11.6%) |
| Median Home Value | $1,996,664 |
| Average Home Value | $1,825,395 |
Housing Distribution
Address Breakdown
Residential
15,689
Single Family
9,601
Multi-Family
6,088
Businesses
1,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A