117 E Bay FrontNewport BeachCA92662
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Newport Beach at 117 E Bay Front, Newport Beach, CA, 92662 projects strong ROI of 3.15%. Rental yield 1.91%. With 5% annual appreciation, the property builds $2,610,861 in value over five years. Equity growth combined delivers a projected five-year ROI of 29.64%, translating into $791,333 in total cumulative return on $2,669,625 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.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 5.5% |
| Monthly Cash Flow | $(43,384) | $3,000 |
City averages based on Newport Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $15,076 |
| Total Monthly Debt Service | $54,699 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1947
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Henry • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #NP25176483