169 SteelyIrvineCA92614
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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
Rental property for sale in Irvine at 169 Steely, Irvine, CA, 92614 priced at $1,150,000 converts $5,266/mo rent into after a $5,629/mo obligation. Total monthly income equals $5,266/mo. Return on cash invested prints 14.42% in year one, and rental yield reads 5.49% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 73.29% and total cumulative return in cash sums $273,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,266/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Condo
Built in 2021
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92614, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,901 (100%) |
| Owner Occupied HU | 4,520 (32.5%) |
| Renter Occupied HU | 8,211 (59.1%) |
| Vacant Housing Units | 1,170 ( 8.4%) |
| Median Home Value | $1,121,283 |
| Average Home Value | $1,165,840 |
Housing Distribution
Address Breakdown
Residential
12,693
Single Family
9,846
Multi-Family
2,847
Businesses
2,371
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Listed by: Timothy Ahn • Real Broker
Mls Name: CRMLS
Mls ID: #OC25266946