16222 Monterey Ln #243Huntington BeachCA92649
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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 Huntington Beach at 16222 Monterey Ln #243, Huntington Beach, CA, 92649 offers a 8.34% rental yield on a $307,500 purchase with $2,137/mo rent. Total monthly income registers $2,137/mo, and a $1,505/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,818/yr on $101,936 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $1,984/yr while 5% annual appreciation supports $84,957 over five years. Portfolio math shows five-year ROI at 117.65% and total cumulative return in cash at $119,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,137/mo property income against a $1,505/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92649, Huntington Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,088 (100%) |
| Owner Occupied HU | 8,877 (58.8%) |
| Renter Occupied HU | 5,488 (36.4%) |
| Vacant Housing Units | 723 ( 4.8%) |
| Median Home Value | $1,267,551 |
| Average Home Value | $1,345,639 |
Housing Distribution
Address Breakdown
Residential
15,122
Single Family
10,739
Multi-Family
4,383
Businesses
1,605
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Listed by: Anne Jones • IN THE PARK MANUFACTURED HOMES
Mls Name: NY State MLS
Mls ID: #11638114