617 Manhattan AveManhattan BeachCA90266
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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 Manhattan Beach at 617 Manhattan Ave, Manhattan Beach, CA, 90266 projects strong ROI of 3.15%. Rental yield 1.85%. With 5% annual appreciation, the property builds $1,657,662 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.89%, translating into $250,634 in total cumulative return on $1,943,968 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1989
1,344 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
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Listed by: Trinidad Gaeta • Re/Max Top Producers
Mls Name: CRMLS
Mls ID: #TR25152421