615 Hampton Dr UNIT C101VeniceCA90291
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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
Total monthly income runs $4,975/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 3.98% with $4,975/mo rent. Return on cash invested shows 9.74% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 48.22% and total cumulative return in cash records $234,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,975/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Condo
Built in 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90291, Venice, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,689
Single Family
9,601
Multi-Family
6,088
Businesses
1,190
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Listed by: Patricia Norwine • Dolce & Associates
Mls Name: CLAW
Mls ID: #25621023