810 Camino Real UNIT 104Redondo BeachCA90277
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 810 Camino Real UNIT 104, Redondo Beach, CA, 90277 in Redondo Beach is narrow, $4/mo net on $4,272/mo rent after the $3,102/mo debt service, but the property operates at break-even-plus, not a loss. At $689,900 with a 7.43% yield, the long-run equity case via 5% appreciation ($190,607 over five years) and $6,354/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.38 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $261,861.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.5% |
| Monthly Cash Flow | $4 | $300 |
City averages based on Redondo Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,272 |
| Total Monthly Debt Service | $3,993 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
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
Condo
Built in 1970
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Oliveras • Estate Properties
Mls Name: CRMLS
Mls ID: #PV25101981