1237 Luanne AveFullertonCA92831
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
Investment Highlights
Investment property for sale in Fullerton at 1237 Luanne Ave, Fullerton, CA, 92831 earns from $5,567/mo rent with a $5,947/mo payment. Total monthly income totals $5,567/mo. ROI tracks 14.43% on current figures, and rental yield reads 5.5% at a $1,215,000 purchase. Equity gained on principal adds $7,840/yr, and 5% annual appreciation supports $335,682 over five years. Five-year ROI reaches 73.35% and total cumulative return in cash sums $288,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,567/mo property income instead of your personal income.
Single Family
Built in 1961
6,325 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92831, Fullerton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,380 (100%) |
| Owner Occupied HU | 5,162 (35.9%) |
| Renter Occupied HU | 8,527 (59.3%) |
| Vacant Housing Units | 691 ( 4.8%) |
| Median Home Value | $949,106 |
| Average Home Value | $1,042,408 |
Housing Distribution
Address Breakdown
Residential
13,535
Single Family
11,068
Multi-Family
2,467
Businesses
1,589
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marco Gonzalez • Coldwell Banker
Mls Name: CRMLS
Mls ID: #PF25177255