15621 Beach Blvd SPACE 61WestminsterCA92683
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 15621 Beach Blvd SPACE 61, Westminster, CA, 92683 in Westminster. Priced at $199,000, it generates $6,409/mo in gross rent and $5,178/mo in net monthly cash flow, a 38.65% yield that comfortably supports the 7.16 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $62,138. Five-year appreciation: $54,980. Equity from principal paydown: $1,833/yr. Total projected cumulative return: $408,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 38.7% | 6.5% |
| Monthly Cash Flow | $5,178 | $500 |
City averages based on Westminster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,409 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 5.56x |
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.
Manufactured
Built in 1989
16.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92683, Westminster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,218 (100%) |
| Owner Occupied HU | 14,170 (50.2%) |
| Renter Occupied HU | 13,041 (46.2%) |
| Vacant Housing Units | 1,007 ( 3.6%) |
| Median Home Value | $889,507 |
| Average Home Value | $919,697 |
Housing Distribution
Address Breakdown
Residential
28,025
Single Family
22,660
Multi-Family
5,365
Businesses
3,071
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
Manufactured
Built in 1989
16.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92683, Westminster, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,218 (100%) |
| Owner Occupied HU | 14,170 (50.2%) |
| Renter Occupied HU | 13,041 (46.2%) |
| Vacant Housing Units | 1,007 ( 3.6%) |
| Median Home Value | $889,507 |
| Average Home Value | $919,697 |
Housing Distribution
Address Breakdown
Residential
28,025
Single Family
22,660
Multi-Family
5,365
Businesses
3,071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices