15502 Williams St #OTustinCA92780
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.73% yield at 15502 Williams St #O, Tustin, CA, 92780 in Tustin is solid, but the $2,113/mo payment compresses net cash flow to $116/mo at $470,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $129,852 by year five, and $4,329/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.62) without U.S. income documentation. Total projected return: $211,156.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.0% |
| Monthly Cash Flow | $116 | $300 |
City averages based on Tustin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,419 |
| Total Monthly Debt Service | $2,720 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1967
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92780, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,643 (100%) |
| Owner Occupied HU | 7,834 (42.0%) |
| Renter Occupied HU | 10,189 (54.7%) |
| Vacant Housing Units | 620 ( 3.3%) |
| Median Home Value | $878,171 |
| Average Home Value | $891,218 |
Housing Distribution
Address Breakdown
Residential
18,698
Single Family
13,817
Multi-Family
4,881
Businesses
3,252
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
Condo
Built in 1967
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92780, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,643 (100%) |
| Owner Occupied HU | 7,834 (42.0%) |
| Renter Occupied HU | 10,189 (54.7%) |
| Vacant Housing Units | 620 ( 3.3%) |
| Median Home Value | $878,171 |
| Average Home Value | $891,218 |
Housing Distribution
Address Breakdown
Residential
18,698
Single Family
13,817
Multi-Family
4,881
Businesses
3,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Cirignani • Legacy 15 Real Estate Brokers
Mls Name: CRMLS
Mls ID: #OC26003009