16222 Monterey Ln SPACE 215Huntington 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 SPACE 215, Huntington Beach, CA, 92649 uses $75,914 cash to close to unlock $2,006/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,121/mo payment keeps the spread at $167/mo. Purchase price stands at $229,000, and rental yield measures 8.3% with $1,584/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash records $88,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Manufactured
Built in 1968
49.69 Acres 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: Larry Lambert • Select Housing Group, Inc
Mls Name: CRMLS
Mls ID: #OC25167591