7740 Redlands St UNIT M1077Playa Del ReyCA90293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Playa Del Rey at 7740 Redlands St UNIT M1077, Playa Del Rey, CA, 90293 earns $227/mo cash flow from $3,289/mo rent with a $2,423/mo payment. Total monthly income totals $3,289/mo, and annual cash flow totals $2,719/yr on $164,093 capital. ROI tracks 21.57% on current figures, and rental yield reads 7.97% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 111.73% and total cumulative return in cash sums $183,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,289/mo property income instead of your personal income.
Condo
Built in 1971
7.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90293, Playa Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,199 (100%) |
| Owner Occupied HU | 2,625 (42.3%) |
| Renter Occupied HU | 3,233 (52.2%) |
| Vacant Housing Units | 341 ( 5.5%) |
| Median Home Value | $1,244,831 |
| Average Home Value | $1,374,257 |
Housing Distribution
Address Breakdown
Residential
6,887
Single Family
1,973
Multi-Family
4,914
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Sacks • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25585185