12850 Palm St UNIT 6Garden 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 12850 Palm St UNIT 6, Garden Grove, CA, 92840 generates $4,945/mo in rent and, after a $3,666/mo payment, leaves $312/mo in cash flow. Total monthly income is $4,945/mo, and annual cash flow is $3,738/yr on $246,421 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 7.92% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 111.76% and total cumulative return in cash sums $275,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,945/mo property income rather than buyer’s personal income.
Townhouse
Built in 2010
N/A 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: Elizabeth Do • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #OC25222569