1041 E Grove AveOrangeCA92865
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
Investment property for sale in Orange at 1041 E Grove Ave, Orange, CA, 92865 offers a 9.03% rental yield on a $999,999 purchase with $7,526/mo rent. Total monthly income registers $7,526/mo, and a $4,895/mo payment leaves $1,340/mo available for distribution. Annual cash flow reaches $16,084/yr on $329,000 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,281 over five years. Portfolio math shows five-year ROI at 129.83% and total cumulative return in cash at $427,143. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,526/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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