12 Starflower #13IrvineCA92604
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 12 Starflower #13, Irvine, CA, 92604 in Irvine. Rental yield 4.96%. At $1,049,900 with 4.96% gross yield, current distributions are modest, but the 5% appreciation rate projects $290,068 in new equity by year five, complemented by $9,670/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.92) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $259,236.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.1% |
| Monthly Cash Flow | $(2,158) | $300 |
City averages based on Irvine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,337 |
| Total Monthly Debt Service | $6,077 |
| DSCR Ratio | 0.71x |
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.
Condo
Built in 1976
5.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92604, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 6,169 (58.3%) |
| Renter Occupied HU | 4,019 (38.0%) |
| Vacant Housing Units | 396 ( 3.7%) |
| Median Home Value | $1,078,776 |
| Average Home Value | $1,078,085 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
7,621
Multi-Family
2,316
Businesses
613
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
Condo
Built in 1976
5.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92604, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 6,169 (58.3%) |
| Renter Occupied HU | 4,019 (38.0%) |
| Vacant Housing Units | 396 ( 3.7%) |
| Median Home Value | $1,078,776 |
| Average Home Value | $1,078,085 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
7,621
Multi-Family
2,316
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dale Cheema • Keller Williams Realty Irvine
Mls Name: CRMLS
Mls ID: #OC25186572