16222 Monterey Ln SPACE 19Huntington BeachCA92649
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
Investment property for sale in Huntington Beach at 16222 Monterey Ln SPACE 19, Huntington Beach, CA, 92649 offers a 8.4% rental yield on a $245,000 purchase with $1,715/mo rent. Total monthly income registers $1,715/mo, and a $1,199/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,394/yr on $81,218 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 118.66% and total cumulative return in cash at $96,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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