1612 Orange AveCosta MesaCA92627
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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 Costa Mesa at 1612 Orange Ave, Costa Mesa, CA, 92627 earns from $4,568/mo rent with a $6,338/mo payment. Total monthly income totals $4,568/mo. ROI tracks 10.52% on current figures, and rental yield reads 4.23% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 52.42% and total cumulative return in cash sums $219,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,568/mo property income instead of your personal income.
Multi Family
Built in 1957
6,756 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,560 (100%) |
| Owner Occupied HU | 8,601 (35.0%) |
| Renter Occupied HU | 14,785 (60.2%) |
| Vacant Housing Units | 1,174 ( 4.8%) |
| Median Home Value | $1,149,319 |
| Average Home Value | $1,200,235 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
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Listed by: Steve Leitner • First Team Real Estate
Mls Name: CRMLS
Mls ID: #PW26000843