13096 Blackbird St SPACE 171Garden GroveCA92843
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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 13096 Blackbird St SPACE 171, Garden Grove, CA, 92843 generates $1,372/mo in rent and, after a $876/mo payment, leaves $265/mo in cash flow. Total monthly income is $1,372/mo, and annual cash flow is $3,177/yr on $59,339 invested. Return on cash invested sits at 25.26% in year one, and rental yield is 9.2% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 131.55% and total cumulative return in cash sums $78,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,372/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92843, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,482 (100%) |
| Owner Occupied HU | 5,570 (48.5%) |
| Renter Occupied HU | 5,707 (49.7%) |
| Vacant Housing Units | 205 ( 1.8%) |
| Median Home Value | $752,041 |
| Average Home Value | $749,642 |
Housing Distribution
Address Breakdown
Residential
11,741
Single Family
10,115
Multi-Family
1,626
Businesses
1,727
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Listed by: Patricia Jones • Universal Homes Inc
Mls Name: My State MLS
Mls ID: #11470061