10866 Westminster Ave SPACE 1Garden GroveCA92843
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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 Garden Grove at 10866 Westminster Ave SPACE 1, Garden Grove, CA, 92843 uses $75,847 cash to close to unlock $2,694/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,640/mo, and a $1,120/mo payment keeps the spread at $224/mo. Purchase price stands at $228,800, and rental yield measures 8.6% with $1,640/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $63,213 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $92,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $1,120/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
9.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92843, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,482 (100%) |
| Owner Occupied HU | 5,570 (48.5%) |
| Renter Occupied HU | 5,707 (49.7%) |
| Vacant Housing Units | 205 ( 1.8%) |
| Median Home Value | $752,041 |
| Average Home Value | $749,642 |
Housing Distribution
Address Breakdown
Residential
11,741
Single Family
10,115
Multi-Family
1,626
Businesses
1,727
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Listed by: Vincent Le • Hollywood Stars Realty
Mls Name: CRMLS
Mls ID: #PW25170296