620 Harbor St APT 6VeniceCA90291
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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 Venice at 620 Harbor St APT 6, Venice, CA, 90291 listed at $1,649,998 pairs $5,115/mo rent with a $8,076/mo payment. Total monthly income runs $5,115/mo. Return on cash invested measures 8.94% in year one, and rental yield registers 3.72% at a $1,649,998 basis. Equity gained on principal adds $10,647/yr, and annual property appreciation at 5% supports $455,864 by year five. Five-year ROI tracks 43.91% and total cumulative return in cash totals $234,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,115/mo property income relative to a $8,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
8.35 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: Christopher Rubio • Rubio Real Estate
Mls Name: CRMLS
Mls ID: #DW26017840