1192 Mitchell Ave APT 7TustinCA92780
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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 Tustin at 1192 Mitchell Ave APT 7, Tustin, CA, 92780 offers a 7.99% rental yield on a $532,500 purchase with $3,546/mo rent. Total monthly income registers $3,546/mo, and a $2,606/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,026/yr on $175,193 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $3,436/yr while 5% annual appreciation supports $147,120 over five years. Portfolio math shows five-year ROI at 112.9% and total cumulative return in cash at $197,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,546/mo property income against a $2,606/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92780, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,643 (100%) |
| Owner Occupied HU | 7,834 (42.0%) |
| Renter Occupied HU | 10,189 (54.7%) |
| Vacant Housing Units | 620 ( 3.3%) |
| Median Home Value | $878,171 |
| Average Home Value | $891,218 |
Housing Distribution
Address Breakdown
Residential
18,698
Single Family
13,817
Multi-Family
4,881
Businesses
3,252
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Listed by: Jonathan Herz • Pentimento Properties, Inc.
Mls Name: CRMLS
Mls ID: #PW25151128