902 16th StSanta 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 902 16th St, Santa Monica, CA, 90403 listed at $1,168,768 pairs $5,206/mo rent with a $5,721/mo payment. Total monthly income runs $5,206/mo. Return on cash invested measures 12.23% in year one, and rental yield registers 5.35% at a $1,168,768 basis. Equity gained on principal adds $7,542/yr, and annual property appreciation at 5% supports $322,909 by year five. Five-year ROI tracks 62.18% and total cumulative return in cash totals $235,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,206/mo property income relative to a $5,721/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1926
7,503 sqft lot
$N/A/sqft
No 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
Listed by: N/A • N/A
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Mls ID: #N/A