11662 Pickett LnGarden 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 11662 Pickett Ln, Garden Grove, CA, 92840 offers a 5.62% rental yield on a $1,490,000 purchase with $6,972/mo rent. 79% in year one. Equity gained on principal adds $9,615/yr while 5% annual appreciation supports $411,660 over five years. Portfolio math shows five-year ROI at 75.28% and total cumulative return in cash at $363,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,972/mo property income against a $7,293/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,280 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: Tom Vo • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #OC25267536