5650 Sumner Way UNIT 309Culver CityCA90230
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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 $4,027/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 7.01% with $4,027/mo rent. Return on cash invested shows 13.86% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 72.19% and total cumulative return in cash records $163,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,027/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Condo
Built in 1968
0.88 Acres lot
$N/A/sqft
$565 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 90230, Culver City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 6,958 (51.2%) |
| Renter Occupied HU | 6,074 (44.7%) |
| Vacant Housing Units | 551 ( 4.1%) |
| Median Home Value | $1,192,291 |
| Average Home Value | $1,256,241 |
Housing Distribution
Address Breakdown
Residential
13,157
Single Family
7,008
Multi-Family
6,149
Businesses
1,413
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $689,000 |
| 2023-03-31 | Listing removed | $679,000 |
| 2022-03-30 | Sold | $750,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | $9617.58 | 4.71% | $780,300 | 2.00% |
| 2023-06-29 | $9184.70 | 4.50% | $765,000 | 40.67% |
| 2022-06-29 | $8788.96 | 34.41% | $543,810 | 2.00% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1968
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,244 sqft
- Property Condition: Turnkey
Features & Amenities
- Heating: Central
- Cooling: None
- Flooring: Carpet, Wood
- Interior Features: Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings
- Exterior Features: N/A
- Parking Features: Underground, Side By Side
Location
- City: Culver City
- State: CA
- Subdivision: N/A
- Lot Size: 0.88 Acres
- Lot Features: N/A
- View: Neighborhood
HOA & Fees
- HOA Fee: $565 monthly
- Association Fee: $565 monthly
- Fees & Dues: N/A
- Association Amenities: Controlled Access, Gas, Maintenance Grounds, Insurance, Pool, Pets Allowed, Trash, Water
- Association Fee Includes: Sewer
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: El Rincon
- Middle School: Culver City
- High School: Culver City
Listed by: Jesse Dougherty • Compass
Mls Name: CRMLS
Mls Provider:
Mls ID: #SB25137095
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-28 18:21:51 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information