16222 Monterey Ln SPACE 19Huntington BeachCA92649
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 16222 Monterey Ln SPACE 19, Huntington Beach, CA, 92649 in Huntington Beach worth modelling. At $245,000 with a 8.4% gross yield, the $1,715/mo rent leaves $199/mo after the $1,102/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.56 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $67,689 by year five; $2,256/yr in principal reduction adds further equity. Total projected return: $105,724.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $199 | $300 |
City averages based on Huntington Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,715 |
| Total Monthly Debt Service | $1,418 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1999
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
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
Manufactured
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Jones • IN THE PARK MANUFACTURED HOMES
Mls Name: NY State MLS
Mls ID: #11605068