596 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 596 Santa Lucia Way, Marina, CA, 93933 offers a 4.4% rental yield on a $1,315,896 purchase with $4,828/mo rent. 05% in year one. Equity gained on principal adds $8,491/yr while 5% annual appreciation supports $363,558 over five years. Portfolio math shows five-year ROI at 55.22% and total cumulative return in cash at $235,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,828/mo property income against a $6,441/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: Linnea Chapman • Trumark Homes - Central Coast California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000057
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.