13096 Blackbird St SPC 164Garden 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
Investment property for sale in Garden Grove at 13096 Blackbird St SPC 164, Garden Grove, CA, 92843 uses $65,969 cash to close to unlock $3,611/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $1,532/mo, and a $974/mo payment keeps the spread at $301/mo. Purchase price stands at $199,000, and rental yield measures 9.24% with $1,532/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash records $87,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,532/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
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: William Schebeck • Gold Star Realty
Mls Name: CRMLS
Mls ID: #SR25198424