1609 Canyon Lk #137Santa AnaCA92705
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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
Rental property for sale in Santa Ana at 1609 Canyon Lk #137, Santa Ana, CA, 92705 generates $2,844/mo in rent and, after a $1,951/mo payment, leaves $378/mo in cash flow. Total monthly income is $2,844/mo, and annual cash flow is $4,536/yr on $132,169 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.56% on a $398,700 entry. Equity gained on principal adds $2,573/yr, while 5% annual appreciation builds toward $110,153 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash sums $160,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,844/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92705, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,074 (100%) |
| Owner Occupied HU | 10,416 (54.6%) |
| Renter Occupied HU | 7,375 (38.7%) |
| Vacant Housing Units | 1,283 ( 6.7%) |
| Median Home Value | $1,219,782 |
| Average Home Value | $1,251,493 |
Housing Distribution
Address Breakdown
Residential
16,735
Single Family
15,020
Multi-Family
1,715
Businesses
4,311
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Listed by: Eva Raleigh • Eva Raleigh, Broker
Mls Name: CRMLS
Mls ID: #OC25169832