839 Commonwealth AveVeniceCA90291
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 Venice at 839 Commonwealth Ave, Venice, CA, 90291 offers a 5.17% rental yield on a $1,598,888 purchase with $6,884/mo rent. 4% in year one. Equity gained on principal adds $10,317/yr while 5% annual appreciation supports $441,743 over five years. Portfolio math shows five-year ROI at 67.85% and total cumulative return in cash at $351,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,884/mo property income against a $7,826/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
4,177 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90291, Venice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,662 (100%) |
| Owner Occupied HU | 4,668 (28.0%) |
| Renter Occupied HU | 10,056 (60.4%) |
| Vacant Housing Units | 1,938 (11.6%) |
| Median Home Value | $1,996,664 |
| Average Home Value | $1,825,395 |
Housing Distribution
Address Breakdown
Residential
15,689
Single Family
9,601
Multi-Family
6,088
Businesses
1,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Kirshner Elkin • Christie's International Real Estate SoCal
Mls Name: CLAW
Mls ID: #25565539