11151 Clarissa StGarden GroveCA92840
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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 11151 Clarissa St, Garden Grove, CA, 92840 offers a 6.4% rental yield on a $899,000 purchase with $4,792/mo rent. 94% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 86.88% and total cumulative return in cash at $256,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,792/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
7,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92840, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,397 (100%) |
| Owner Occupied HU | 8,425 (51.4%) |
| Renter Occupied HU | 7,499 (45.7%) |
| Vacant Housing Units | 473 ( 2.9%) |
| Median Home Value | $813,031 |
| Average Home Value | $866,185 |
Housing Distribution
Address Breakdown
Residential
15,561
Single Family
12,297
Multi-Family
3,264
Businesses
877
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Listed by: HANNA FLOYD • Wedgewood Homes Realty
Mls Name: CRMLS
Mls ID: #WS26017182