1289 WestreefCosta MesaCA92627
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 Costa Mesa at 1289 Westreef, Costa Mesa, CA, 92627 listed at $1,650,000 pairs $4,909/mo rent with a $8,076/mo payment. Total monthly income runs $4,909/mo. Return on cash invested measures 8.48% in year one, and rental yield registers 3.57% at a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and annual property appreciation at 5% supports $455,865 by year five. Five-year ROI tracks 41.44% and total cumulative return in cash totals $221,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,909/mo property income relative to a $8,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
2,305 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,560 (100%) |
| Owner Occupied HU | 8,601 (35.0%) |
| Renter Occupied HU | 14,785 (60.2%) |
| Vacant Housing Units | 1,174 ( 4.8%) |
| Median Home Value | $1,149,319 |
| Average Home Value | $1,200,235 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicolai Glazer • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #NP25161907