7109 Summertime LnCulver CityCA90230
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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 Culver City at 7109 Summertime Ln, Culver City, CA, 90230 listed at $549,000 pairs $3,083/mo rent with a $2,687/mo payment. Total monthly income runs $3,083/mo. Return on cash invested measures 17.98% in year one, and rental yield registers 6.74% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 92.46% and total cumulative return in cash totals $167,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,083/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90230, Culver City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 6,958 (51.2%) |
| Renter Occupied HU | 6,074 (44.7%) |
| Vacant Housing Units | 551 ( 4.1%) |
| Median Home Value | $1,192,291 |
| Average Home Value | $1,256,241 |
Housing Distribution
Address Breakdown
Residential
13,157
Single Family
7,008
Multi-Family
6,149
Businesses
1,413
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Listed by: Harry Eaves • Keller Williams Coastal Prop.
Mls Name: CRMLS
Mls ID: #PW25151158