1000 E Bishop St UNIT S4Santa AnaCA92701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Santa Ana rentals match the income profile of 1000 E Bishop St UNIT S4, Santa Ana, CA, 92701. Listed at $399,888, gross rent is $4,769/mo and net cash flow is $2,020/mo, a 14.31% yield well above national averages. DSCR 2.65 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $110,482 by year five with $3,683/yr in annual principal reduction, projecting $282,861 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.0% |
| Monthly Cash Flow | $2,020 | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,769 |
| Total Monthly Debt Service | $2,590 |
| DSCR Ratio | 1.84x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1964
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
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
Condo
Built in 1964
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices