1700 W Cerritos Ave UNIT 216AnaheimCA92804
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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 Anaheim at 1700 W Cerritos Ave UNIT 216, Anaheim, CA, 92804 offers a 6.4% rental yield on a $798,888 purchase with $4,264/mo rent. 97% in year one. Equity gained on principal adds $5,155/yr while 5% annual appreciation supports $220,718 over five years. Portfolio math shows five-year ROI at 87.03% and total cumulative return in cash at $228,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,264/mo property income against a $3,910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92804, Anaheim, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 10,763 (39.1%) |
| Renter Occupied HU | 15,879 (57.6%) |
| Vacant Housing Units | 914 ( 3.3%) |
| Median Home Value | $772,602 |
| Average Home Value | $817,862 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
16,958
Multi-Family
8,660
Businesses
1,160
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Listed by: Sherise Purinton • Coldwell Banker Assoc.Brks-CL
Mls Name: CRMLS
Mls ID: #SW25221490