161 SteelyIrvineCA92614
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
Investment Highlights
Rental property for sale in Irvine at 161 Steely, Irvine, CA, 92614 priced at $1,135,000 pairs $5,266/mo rent with after a $5,555/mo payment. Total monthly income equals $5,266/mo. Return on cash invested is 14.64% in year one, and rental yield stands at 5.57% on a $1,135,000 basis. Equity gained on principal adds $7,324/yr, and 5% annual appreciation accumulates to $313,580 by year five. Five-year ROI measures 74.5% and total cumulative return in cash reaches $273,952. For financing, Ziffy Mortgage’s DSCR program evaluates $5,266/mo property income against a $5,555/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2021
0.53 Acres 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: Pauline Nguyen • reframe
Mls Name: CRMLS
Mls ID: #OC25146608