15 ArdmoreIrvineCA92602
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
Investment Highlights
Rental property for sale in Irvine at 15 Ardmore, Irvine, CA, 92602 generates $4,270/mo in rent, after a $4,600/mo payment. Total monthly income is $4,270/mo. Return on cash invested sits at 14.07% in year one, and rental yield is 5.45% on a $939,888 entry. Equity gained on principal adds $6,065/yr, while 5% annual appreciation builds toward $259,674 over five years. Five-year ROI reaches 71.47% and total cumulative return in cash sums $221,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,270/mo property income rather than buyer’s personal income.
Condo
Built in 2000
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92602, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,965 (100%) |
| Owner Occupied HU | 6,028 (50.4%) |
| Renter Occupied HU | 4,980 (41.6%) |
| Vacant Housing Units | 957 ( 8.0%) |
| Median Home Value | $1,421,741 |
| Average Home Value | $1,476,596 |
Housing Distribution
Address Breakdown
Residential
11,610
Single Family
8,344
Multi-Family
3,266
Businesses
1,280
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aj Chopra • eHomes
Mls Name: CRMLS
Mls ID: #OC25146353