161 SchickIrvineCA92614
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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 Irvine at 161 Schick, Irvine, CA, 92614 offers $4,605/mo rent that, after a $6,304/mo payment. Total monthly income is $4,605/mo. Return on cash invested measures 10.7% in year one, and rental yield stands at 4.29% at a $1,288,000 entry. Equity gained on principal adds $8,311/yr while 5% annual appreciation compounds into $355,851 by year five. Five-year ROI records 53.36% and total cumulative return in cash reaches $222,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,605/mo property income versus a $6,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92614, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,901 (100%) |
| Owner Occupied HU | 4,520 (32.5%) |
| Renter Occupied HU | 8,211 (59.1%) |
| Vacant Housing Units | 1,170 ( 8.4%) |
| Median Home Value | $1,121,283 |
| Average Home Value | $1,165,840 |
Housing Distribution
Address Breakdown
Residential
12,693
Single Family
9,846
Multi-Family
2,847
Businesses
2,371
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Listed by: Jie Zheng • HomeSmart, Evergreen Realty
Mls Name: CRMLS
Mls ID: #PW26007810