12042 Sylvan Riv UNIT 12, Fountain Valley, CA, 92708 | 6.68% Rental Yield

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12042 Sylvan Riv UNIT 12, Fountain Valley, CA, 92708 | 6.68% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,867/mo, and a $2,521/mo payment. Purchase price stands at $515,000, and rental yield measures 6.68% with $2,867/mo rent. Return on cash invested shows 17.8% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 91.49% and total cumulative return in cash records $155,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,867/mo property income covering a $2,521/mo payment rather than investor’s personal income.

Condo

Built in 1983

0.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your spacious new retreat in the highly desirable New Chase gated community. This beautifully remodeled, turnkey one bedroom, one bathroom condo features an open floor plan with soaring ceilings and an abundance of natural light, creating an inviting and airy atmosphere .Step into the generous living room, highlighted by a charming brick, fireplace and elegant French double doors. The remodeled kitchen is bright and modern, offering ample storage and seamlessly connecting to the cozy dining area and private balconyperfect for morning coffee or evening relaxation. The home boasts beautiful upgrades throughout, including fresh flooring, modern fixtures, and in unite laundry. Centrally located near major freeways, restaurants, and shopping centers, this condo offers both convenience and style. Community amenities include a sparkling pool and spa set amidst lush, well-maintained courtyardsideal for relaxing or entertaining. Whether you're a first-time buyer or seeking a low-maintenance retreat, this move-in ready gem offers the best of gated community living in a prime Fountain Valley location

Neighborhood Data

Neighborhood data shown for ZIP Code: 92708, Fountain Valley, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,323 (100%)
Owner Occupied HU	12,875 (66.6%)
Renter Occupied HU	6,048 (31.3%)
Vacant Housing Units	400 ( 2.1%)
Median Home Value	$1,109,086
Average Home Value	$1,133,030