8640 Gulana Ave Unit J2016Playa Del ReyCA90293
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8640 Gulana Ave Unit J2016, Playa Del Rey, CA, 90293 in Playa Del Rey at $649,000 earns $4,759/mo in rent and nets $109/mo after the $3,077/mo payment, a 8.8% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $179,307 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $5,441/yr in principal paydown, total projected return reaches $281,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.0% |
| Monthly Cash Flow | $109 | $1,500 |
City averages based on Playa Del Rey market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,759 |
| Total Monthly Debt Service | $3,915 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
4.06 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CLAW
Mls Provider:
Mls ID: #26995859
