585 Santa Lucia WayMarinaCA93933
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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 Marina at 585 Santa Lucia Way, Marina, CA, 93933 with 5% annual appreciation on a $1,695,000 basis while $5,308/mo rent supports operations. 06% in year one. Equity gained on principal adds $10,938/yr, and five-year appreciation sums $468,297 alongside rental yield of 3.76%. Five-year ROI measures 44.54% and total cumulative return in cash totals $244,629. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,308/mo property income versus a $8,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
8,972 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93933, Marina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,836 (100%) |
| Owner Occupied HU | 4,579 (42.3%) |
| Renter Occupied HU | 5,457 (50.4%) |
| Vacant Housing Units | 800 ( 7.4%) |
| Median Home Value | $824,843 |
| Average Home Value | $865,673 |
Housing Distribution
Address Breakdown
Residential
10,894
Single Family
10,101
Multi-Family
793
Businesses
710
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Listed by: Gabriel Arcoleo • Monterey Coast Realty
Mls Name: MLSListings Inc
Mls ID: #ML82029271