1650 TopangaCosta MesaCA92627
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
Rental property for sale in Costa Mesa at 1650 Topanga, Costa Mesa, CA, 92627 generates $7,704/mo in rent, after a $8,565/mo payment. Total monthly income is $7,704/mo. Return on cash invested sits at 13.76% in year one, and rental yield is 5.28% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 69.79% and total cumulative return in cash sums $395,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,704/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Brown • Compass
Mls Name: CRMLS
Mls ID: #NP25230750