828 Lincoln Blvd APT 10Santa MonicaCA90403
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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 Santa Monica at 828 Lincoln Blvd APT 10, Santa Monica, CA, 90403 offers a 12.72% rental yield on a $743,700 purchase with $7,884/mo rent. Total monthly income registers $7,884/mo, and a $3,640/mo payment leaves $3,131/mo available for distribution. Annual cash flow reaches $37,577/yr on $244,677 to close, and return on cash invested stands at 35.42% in year one. Equity gained on principal adds $4,799/yr while 5% annual appreciation supports $205,471 over five years. Portfolio math shows five-year ROI at 186.25% and total cumulative return in cash at $455,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,884/mo property income against a $3,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
N/A lot
$N/A/sqft
$152 monthly 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
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Nearby investment properties with comparable prices
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