








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Venice at 613 Mildred Ave, Venice, CA, 90291 priced at $1,950,000 converts $6,516/mo rent into after a $9,544/mo obligation. Total monthly income equals $6,516/mo. Return on cash invested prints 9.83% in year one, and rental yield reads 4.01% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 48.72% and total cumulative return in cash sums $307,793. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,516/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Single Family
Built in 1981
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90291, Venice, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,662 (100%) |
| Owner Occupied HU | 4,668 (28.0%) |
| Renter Occupied HU | 10,056 (60.4%) |
| Vacant Housing Units | 1,938 (11.6%) |
| Median Home Value | $1,996,664 |
| Average Home Value | $1,825,395 |
Residential
15,689
Single Family
9,601
Multi-Family
6,088
Businesses
1,190
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sean Galligan • Keller Williams Beverly Hills
Mls Name: CLAW
Mls ID: #25615931