123 MadridTustinCA92780
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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 123 Madrid, Tustin, CA, 92780 uses $108,069 cash to close to unlock $3,179/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,282/mo, and a $1,596/mo payment keeps the spread at $265/mo. Purchase price stands at $326,000, and rental yield measures 8.4% with $2,282/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $90,068 over five years. Five-year ROI reaches 118.62% and total cumulative return in cash records $128,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,282/mo property income covering a $1,596/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
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: Carolina Montenegro • Seven Gables Real Estate
Mls Name: CRMLS
Mls ID: #OC25170369