5651 Sumner Way UNIT 116Culver 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
Investment property for sale in Culver City at 5651 Sumner Way UNIT 116, Culver City, CA, 90230 uses $213,521 cash to close to unlock $19,628/yr annual cash flow and $1,636/mo monthly cash flow. Total monthly income runs $6,076/mo, and a $3,177/mo payment keeps the spread at $1,636/mo. Purchase price stands at $649,000, and rental yield measures 11.23% with $6,076/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 153.78% and total cumulative return in cash records $328,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,076/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Condo
Built in 1968
1.37 Acres lot
$N/A/sqft
$425 monthly HOA
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
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Listed by: Vivian Lesny • Realty One Group United
Mls Name: CLAW
Mls Provider:
Mls ID: #24-417893
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.