12668 Chapman Ave UNIT 2108Garden 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
Rental property for sale in Garden Grove at 12668 Chapman Ave UNIT 2108, Garden Grove, CA, 92840 generates $3,046/mo in rent, after a $3,035/mo payment. Total monthly income is $3,046/mo. Return on cash invested sits at 15.41% in year one, and rental yield is 5.9% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 78.72% and total cumulative return in cash sums $160,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,046/mo property income rather than buyer’s personal income.
Condo
Built in 2007
4.53 Acres 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: Cyrus Mohseni • The Keystone Team
Mls Name: CRMLS
Mls ID: #PW25127013