123 E Bay AveNewport BeachCA92661
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Newport Beach at 123 E Bay Ave, Newport Beach, CA, 92661 projects strong ROI of 14.29%. Rental yield 5.06%. With 5% annual appreciation, the property builds $904,822 in value over five years. Equity growth combined delivers a projected five-year ROI of 89.39%, translating into $826,988 in total cumulative return on $925,188 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 | 5.1% | 5.5% |
| Monthly Cash Flow | $(6,445) | $3,000 |
City averages based on Newport Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $13,814 |
| Total Monthly Debt Service | $18,957 |
| DSCR Ratio | 0.73x |
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 1985
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
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 1985
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices