8128 Manitoba St UNIT 106Playa Del ReyCA90293
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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 Playa Del Rey at 8128 Manitoba St UNIT 106, Playa Del Rey, CA, 90293 listed at $825,000 pairs $3,836/mo rent with a $4,038/mo payment. Total monthly income runs $3,836/mo. Return on cash invested measures 14.46% in year one, and rental yield registers 5.58% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 73.57% and total cumulative return in cash totals $199,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,836/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
3.73 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
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Listed by: Christopher Feil • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #25623877