108 OceanoIrvineCA92602
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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
Total monthly income runs $6,665/mo, and a $9,740/mo payment. Purchase price stands at $1,990,000, and rental yield measures 4.02% with $6,665/mo rent. Return on cash invested shows 9.86% in year one, and 5% annual appreciation builds toward $549,800 over five years. Five-year ROI reaches 48.87% and total cumulative return in cash records $315,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,665/mo property income covering a $9,740/mo payment rather than investor’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92602, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,965 (100%) |
| Owner Occupied HU | 6,028 (50.4%) |
| Renter Occupied HU | 4,980 (41.6%) |
| Vacant Housing Units | 957 ( 8.0%) |
| Median Home Value | $1,421,741 |
| Average Home Value | $1,476,596 |
Housing Distribution
Address Breakdown
Residential
11,610
Single Family
8,344
Multi-Family
3,266
Businesses
1,280
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Listed by: Rui Dai • Keller Williams Legacy
Mls Name: CRMLS
Mls ID: #PW25192143