8324 W Manchester AvePlaya 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 8324 W Manchester Ave, Playa Del Rey, CA, 90293 projects strong ROI of 1.91%. Rental yield 1.44%. With 5% annual appreciation, the property builds $794,309 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.22%, translating into $57,930 in total cumulative return on $931,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1959
7,348 sqft 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: Steffan Braunlich • Berkadia
Mls Name: CLAW
Mls ID: #25630919