1703 E Ocean BlvdNewport BeachCA92661
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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 Newport Beach at 1703 E Ocean Blvd, Newport Beach, CA, 92661 projects strong ROI of 6.87%. Rental yield 3.05%. With 5% annual appreciation, the property builds $2,761,434 in value over five years. Equity growth combined delivers a projected five-year ROI of 32.79%, translating into $1,061,809 in total cumulative return on $3,238,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2021
3,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
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Listed by: John Cain • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #OC25182686