109 Alder RdgLake ForestCA92610
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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
Rental property for sale in Lake Forest at 109 Alder Rdg, Lake Forest, CA, 92610 priced at $898,000 converts $4,697/mo rent into after a $4,395/mo obligation. Total monthly income equals $4,697/mo. Return on cash invested prints 16.58% in year one, and rental yield reads 6.28% against a $898,000 entry. Equity gained on principal adds $5,795/yr, while 5% annual appreciation compiles into $248,101 by year five. Five-year ROI reaches 84.94% and total cumulative return in cash sums $250,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,697/mo property income covering a $4,395/mo payment, not borrower’s personal income.
Condo
Built in 2021
14.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92610, Foothill Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 2,962 (72.5%) |
| Renter Occupied HU | 1,036 (25.3%) |
| Vacant Housing Units | 90 ( 2.2%) |
| Median Home Value | $1,031,056 |
| Average Home Value | $1,147,307 |
Housing Distribution
Address Breakdown
Residential
4,652
Single Family
3,557
Multi-Family
1,095
Businesses
347
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Listed by: Zachary Doan • Aspero Realty, Inc
Mls Name: CRMLS
Mls ID: #OC25134833