170 Avenida Majorca #ALaguna WoodsCA92637
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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 Laguna Woods at 170 Avenida Majorca #A, Laguna Woods, CA, 92637 priced at $465,000 converts $3,154/mo rent into $277/mo cash flow after a $2,276/mo obligation. Total monthly income equals $3,154/mo, and annual cash flow totals $3,328/yr on $154,148 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 8.14% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 114.43% and total cumulative return in cash sums $176,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,154/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Condo
Built in 1965
1,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92637, Laguna Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,457 (100%) |
| Owner Occupied HU | 8,708 (64.7%) |
| Renter Occupied HU | 3,376 (25.1%) |
| Vacant Housing Units | 1,373 (10.2%) |
| Median Home Value | $452,652 |
| Average Home Value | $635,748 |
Housing Distribution
Address Breakdown
Residential
12,922
Single Family
6,482
Multi-Family
6,440
Businesses
149
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Listed by: Trace Donaldson • HomeSmart, Evergreen Realty
Mls Name: CRMLS
Mls ID: #OC25135530