16960 Algonquin St APT 3-204Huntington 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 16960 Algonquin St APT 3-204, Huntington Beach, CA, 92649 earns $98/mo cash flow from $3,804/mo rent with a $2,932/mo payment. Total monthly income totals $3,804/mo, and annual cash flow totals $1,179/yr on $197,071 capital. ROI tracks 20.66% on current figures, and rental yield reads 7.62% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 106.84% and total cumulative return in cash sums $210,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,804/mo property income instead of your personal income.
Condo
Built in 1983
1.81 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: Nancy Andreason • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #OC25281904