817 5th St UNIT BSanta MonicaCA90403
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
Rental property for sale in Santa Monica at 817 5th St UNIT B, Santa Monica, CA, 90403 generates $5,749/mo in rent, after a $8,932/mo payment. Total monthly income is $5,749/mo. Return on cash invested sits at 9.13% in year one, and rental yield is 3.78% on a $1,825,000 entry. Equity gained on principal adds $11,776/yr, while 5% annual appreciation builds toward $504,214 over five years. Five-year ROI reaches 44.91% and total cumulative return in cash sums $265,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,749/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
7,483 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90403, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,536 (100%) |
| Owner Occupied HU | 3,137 (21.6%) |
| Renter Occupied HU | 9,979 (68.7%) |
| Vacant Housing Units | 1,420 ( 9.8%) |
| Median Home Value | $1,743,844 |
| Average Home Value | $1,682,748 |
Housing Distribution
Address Breakdown
Residential
14,810
Single Family
3,037
Multi-Family
11,773
Businesses
911
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Goldsmith • Rodeo Realty
Mls Name: CLAW
Mls ID: #25621161