Plan 2 Plan, The FoundryRedondo BeachCA90278
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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 Redondo Beach at Plan 2 Plan, The Foundry, Redondo Beach, CA, 90278 at $1,522,000 posts ROI 22.93% with $1,051/mo cash flow from $10,466/mo rent. Total monthly income equals $10,466/mo, and annual cash flow records $12,613/yr on $493,128 to close. Return on cash invested measures 22.93% and rental yield reads 8.25% at the current $1,522,000. Equity gained on principal adds $9,821/yr, and 5% annual appreciation supports $420,501 by year five. Five-year ROI prints 118.93% and total cumulative return in cash totals $586,482.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,466/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 9,444 (55.6%) |
| Renter Occupied HU | 6,957 (41.0%) |
| Vacant Housing Units | 580 ( 3.4%) |
| Median Home Value | $1,224,834 |
| Average Home Value | $1,265,967 |
Housing Distribution
Address Breakdown
Residential
16,782
Single Family
10,482
Multi-Family
6,300
Businesses
999
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Listed by: Online Sales Team • Shea Homes-Family
Mls Name: Shea Homes Active Lifestyle Communities
Mls Provider:
Mls ID: #N/A