15621 Beach Blvd SPC 38WestminsterCA92683
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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 Westminster at 15621 Beach Blvd SPC 38, Westminster, CA, 92683 uses $35,636 cash to close to unlock $54,458/yr annual cash flow and $4,538/mo monthly cash flow. Total monthly income runs $5,203/mo, and a $526/mo payment keeps the spread at $4,538/mo. Purchase price stands at $107,500, and rental yield measures 58.08% with $5,203/mo rent. Return on cash invested shows 172.72% in year one, and 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 922.47% and total cumulative return in cash records $328,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,203/mo property income covering a $526/mo payment rather than investor’s personal income.
Manufactured
Built in 1966
N/A 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
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Listed by: Colleen Cole • Realty ONE Group Pacific
Mls Name: CRMLS
Mls Provider:
Mls ID: #OC24109611
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information