1342-1340 Fair WaySanta AnaCA92706
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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 Santa Ana at 1342-1340 Fair Way, Santa Ana, CA, 92706 offers a 8.17% rental yield on a $880,000 purchase with $5,994/mo rent. Total monthly income registers $5,994/mo, and a $4,307/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,604/yr on $289,520 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $5,679/yr while 5% annual appreciation supports $243,128 over five years. Portfolio math shows five-year ROI at 115.85% and total cumulative return in cash at $335,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,994/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1955
6,384 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92706, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,538 (100%) |
| Owner Occupied HU | 4,832 (50.7%) |
| Renter Occupied HU | 4,476 (46.9%) |
| Vacant Housing Units | 230 ( 2.4%) |
| Median Home Value | $913,987 |
| Average Home Value | $1,030,227 |
Housing Distribution
Address Breakdown
Residential
9,887
Single Family
7,485
Multi-Family
2,402
Businesses
738
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Listed by: Matthew Almeida • Re/Max Top Producers
Mls Name: CRMLS
Mls ID: #TR25218469