1316 E Lomita AveOrangeCA92867
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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 Orange at 1316 E Lomita Ave, Orange, CA, 92867 generates $5,186/mo in rent, after a $5,139/mo payment. Total monthly income is $5,186/mo. Return on cash invested sits at 15.75% in year one, and rental yield is 5.93% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 80.45% and total cumulative return in cash sums $273,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,186/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92867, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,933 (100%) |
| Owner Occupied HU | 8,794 (63.1%) |
| Renter Occupied HU | 4,729 (33.9%) |
| Vacant Housing Units | 410 ( 2.9%) |
| Median Home Value | $1,033,509 |
| Average Home Value | $1,123,645 |
Housing Distribution
Address Breakdown
Residential
13,955
Single Family
12,620
Multi-Family
1,335
Businesses
2,317
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Listed by: Amy Cimetta • Vista Sothebys International Realty
Mls Name: CRMLS
Mls ID: #SB25244773