12431 Merrill StGarden GroveCA92840
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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 12431 Merrill St, Garden Grove, CA, 92840 listed at $928,000 pairs $4,346/mo rent with a $4,542/mo payment. Total monthly income runs $4,346/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 5.62% at a $928,000 basis. Equity gained on principal adds $5,988/yr, and annual property appreciation at 5% supports $256,389 by year five. Five-year ROI tracks 74.22% and total cumulative return in cash totals $226,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,346/mo property income relative to a $4,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92840, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,397 (100%) |
| Owner Occupied HU | 8,425 (51.4%) |
| Renter Occupied HU | 7,499 (45.7%) |
| Vacant Housing Units | 473 ( 2.9%) |
| Median Home Value | $813,031 |
| Average Home Value | $866,185 |
Housing Distribution
Address Breakdown
Residential
15,561
Single Family
12,297
Multi-Family
3,264
Businesses
877
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Listed by: Thomas Tran • Pacific One Real Estate
Mls Name: CRMLS
Mls ID: #OC25152931