1657 Texas CirCosta MesaCA92626
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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 Costa Mesa at 1657 Texas Cir, Costa Mesa, CA, 92626 offers a 4.56% rental yield on a $1,555,000 purchase with $5,908/mo rent. 53% in year one. Equity gained on principal adds $10,034/yr while 5% annual appreciation supports $429,618 over five years. Portfolio math shows five-year ROI at 57.81% and total cumulative return in cash at $291,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,908/mo property income against a $7,611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,030 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92626, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,117 (100%) |
| Owner Occupied HU | 8,243 (39.0%) |
| Renter Occupied HU | 11,814 (55.9%) |
| Vacant Housing Units | 1,060 ( 5.0%) |
| Median Home Value | $1,147,569 |
| Average Home Value | $1,203,260 |
Housing Distribution
Address Breakdown
Residential
20,900
Single Family
14,491
Multi-Family
6,409
Businesses
3,391
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Listed by: Julie Tran • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #OC26003153