112 Ruby AveNewport BeachCA92662
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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 Newport Beach at 112 Ruby Ave, Newport Beach, CA, 92662 projects strong ROI of 3.85%. Rental yield 2.07%. With 5% annual appreciation, the property builds $1,435,283 in value over five years. Equity growth combined delivers a projected five-year ROI of 16.6%, translating into $279,436 in total cumulative return on $1,683,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1972
2,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92662, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,012 (100%) |
| Owner Occupied HU | 704 (35.0%) |
| Renter Occupied HU | 669 (33.3%) |
| Vacant Housing Units | 639 (31.8%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,024,545 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,746
Multi-Family
16
Businesses
198
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Listed by: Ryan Gunderson • Arbor Real Estate
Mls Name: CRMLS
Mls ID: #NP25184206