1001 W Stevens Ave UNIT 318Santa AnaCA92707
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
Investment Highlights
Rental property for sale in Santa Ana at 1001 W Stevens Ave UNIT 318, Santa Ana, CA, 92707 generates $3,050/mo in rent and, after a $2,203/mo payment, leaves $266/mo in cash flow. Total monthly income is $3,050/mo, and annual cash flow is $3,189/yr on $149,175 invested. Return on cash invested sits at 22.05% in year one, and rental yield is 8.13% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 114.3% and total cumulative return in cash sums $170,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,050/mo property income rather than buyer’s personal income.
Condo
Built in 1972
10.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92707, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,900 (100%) |
| Owner Occupied HU | 6,942 (49.9%) |
| Renter Occupied HU | 6,562 (47.2%) |
| Vacant Housing Units | 396 ( 2.8%) |
| Median Home Value | $684,761 |
| Average Home Value | $765,144 |
Housing Distribution
Address Breakdown
Residential
13,717
Single Family
10,662
Multi-Family
3,055
Businesses
1,422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emilee Martin • eXp Realty of California, Inc.
Mls Name: CRMLS
Mls ID: #OC25196441