1423-1423 Mar Les DrSanta AnaCA92706
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Santa Ana at 1423-1423 Mar Les Dr, Santa Ana, CA, 92706 projects strong ROI of 2.78%. Rental yield 1.81%. With 5% annual appreciation, the property builds $594,005 in value over five years. Equity growth combined delivers a projected five-year ROI of 27.65%, translating into $167,912 in total cumulative return on $607,375 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.8% | 6.0% |
| Monthly Cash Flow | $(10,058) | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,242 |
| Total Monthly Debt Service | $12,445 |
| DSCR Ratio | 0.26x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2024
0.26 Acres 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
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
Multi Family
Built in 2024
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delia Partida • Realty One Group West
Mls Name: CRMLS
Mls ID: #OC25229463