1041 E Grove AveOrangeCA92865
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 1041 E Grove Ave, Orange, CA, 92865 in Orange earns a 9.03% gross yield at $999,999. Rent of $7,526/mo nets $1,340/mo after the $4,497/mo mortgage. The 1.67 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $276,281 and $9,210/yr in equity accumulation project a total cumulative return of $465,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $1,340 | $1,200 |
City averages based on Orange market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,526 |
| Total Monthly Debt Service | $5,788 |
| DSCR Ratio | 1.30x |
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.
Single Family
Built in 1963
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92865, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,914 (100%) |
| Owner Occupied HU | 4,227 (61.1%) |
| Renter Occupied HU | 2,490 (36.0%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $877,650 |
| Average Home Value | $938,932 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
5,741
Multi-Family
1,082
Businesses
1,187
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 1963
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92865, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,914 (100%) |
| Owner Occupied HU | 4,227 (61.1%) |
| Renter Occupied HU | 2,490 (36.0%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $877,650 |
| Average Home Value | $938,932 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
5,741
Multi-Family
1,082
Businesses
1,187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Vargas • Re/Max Connections
Mls Name: CRMLS
Mls ID: #OC25197042