919 N Herrin StManhattan BeachCA90266
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 919 N Herrin St, Manhattan Beach, CA, 90266 in Manhattan Beach the bet is firmly on appreciation. Rental yield 4.42%. The 4.42% gross yield on a $1,495,000 price is below income-first thresholds, but 5%/yr value growth projects $413,041 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.82) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $326,303.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 4.5% |
| Monthly Cash Flow | $(3,738) | $1,200 |
City averages based on Manhattan Beach 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 | $5,510 |
| Total Monthly Debt Service | $8,654 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
3,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
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
Single Family
Built in 1953
3,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #SB26068227