12391 Lamplighter StGarden GroveCA92845
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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 Garden Grove at 12391 Lamplighter St, Garden Grove, CA, 92845 listed at $1,098,000 pairs $5,338/mo rent with a $5,374/mo payment. Total monthly income runs $5,338/mo. Return on cash invested measures 15.46% in year one, and rental yield registers 5.83% at a $1,098,000 basis. Equity gained on principal adds $7,085/yr, and annual property appreciation at 5% supports $303,357 by year five. Five-year ROI tracks 78.9% and total cumulative return in cash totals $280,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,338/mo property income relative to a $5,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92845, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,702 (100%) |
| Owner Occupied HU | 4,507 (79.0%) |
| Renter Occupied HU | 1,106 (19.4%) |
| Vacant Housing Units | 89 ( 1.6%) |
| Median Home Value | $905,714 |
| Average Home Value | $981,200 |
Housing Distribution
Address Breakdown
Residential
5,731
Single Family
5,337
Multi-Family
394
Businesses
303
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Listed by: Jennifer Tackney • GMT Real Estate
Mls Name: CRMLS
Mls ID: #PW25164071