9 Mela LnRancho Palos VerdesCA90275
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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
Rental property for sale in Rancho Palos Verdes at 9 Mela Ln, Rancho Palos Verdes, CA, 90275 priced at $1,514,000 converts $6,398/mo rent into after a $7,410/mo obligation. Total monthly income equals $6,398/mo. Return on cash invested prints 13.11% in year one, and rental yield reads 5.07% against a $1,514,000 entry. Equity gained on principal adds $9,770/yr, while 5% annual appreciation compiles into $418,290 by year five. Five-year ROI reaches 66.29% and total cumulative return in cash sums $325,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,398/mo property income covering a $7,410/mo payment, not borrower’s personal income.
Single Family
Built in 1979
4,646 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90275, Rancho Palos Verdes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 12,140 (74.3%) |
| Renter Occupied HU | 3,471 (21.2%) |
| Vacant Housing Units | 729 ( 4.5%) |
| Median Home Value | $1,493,370 |
| Average Home Value | $1,540,666 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
13,104
Multi-Family
3,180
Businesses
361
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Listed by: Matthew Cox • Cove & Key Real Estate
Mls Name: CRMLS
Mls ID: #PV26013231