101 Scholz Plz #PENTHOUSE 19Newport BeachCA92663
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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 Newport Beach at 101 Scholz Plz #PENTHOUSE 19, Newport Beach, CA, 92663 listed at $619,000 pairs $3,456/mo rent with a $3,030/mo payment. Total monthly income runs $3,456/mo. Return on cash invested measures 17.86% in year one, and rental yield registers 6.7% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 91.82% and total cumulative return in cash totals $186,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,456/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92663, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,581 (100%) |
| Owner Occupied HU | 4,409 (38.1%) |
| Renter Occupied HU | 5,226 (45.1%) |
| Vacant Housing Units | 1,946 (16.8%) |
| Median Home Value | $1,827,685 |
| Average Home Value | $1,633,620 |
Housing Distribution
Address Breakdown
Residential
11,565
Single Family
8,093
Multi-Family
3,472
Businesses
1,521
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Listed by: Larry Birnbaum • LMB Enterprises
Mls Name: CRMLS
Mls ID: #OC26002286