591 Santa Lucia WayMarinaCA93933
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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
Rental property for sale in Marina at 591 Santa Lucia Way, Marina, CA, 93933 priced at $1,354,741 converts $4,680/mo rent into after a $6,631/mo obligation. Total monthly income equals $4,680/mo. Return on cash invested prints 10.25% in year one, and rental yield reads 4.15% against a $1,354,741 entry. Equity gained on principal adds $8,742/yr, while 5% annual appreciation compiles into $374,290 by year five. Five-year ROI reaches 50.96% and total cumulative return in cash sums $223,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,680/mo property income covering a $6,631/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,000 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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Nearby investment properties with comparable prices
Listed by: Petra Higley • Trumark Construction Services Inc
Mls Name: MLSListings Inc
Mls ID: #ML82015303