604 Santa Lucia Way #DMarinaCA93933
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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
Rental property for sale in Marina at 604 Santa Lucia Way #D, Marina, CA, 93933 priced at $438,000 converts $2,996/mo rent into $286/mo cash flow after a $2,144/mo obligation. Total monthly income equals $2,996/mo, and annual cash flow totals $3,435/yr on $145,197 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 8.21% against a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation compiles into $121,011 by year five. Five-year ROI reaches 115.54% and total cumulative return in cash sums $167,766. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,996/mo property income covering a $2,144/mo payment, not borrower’s personal income.
Condo
Built in 2025
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: Carole Masiello Wright • Trumark Construction Services Inc
Mls Name: MLSListings Inc
Mls ID: #ML82029835