18 RemingtonIrvineCA92620
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 18 Remington, Irvine, CA, 92620 in Irvine is narrow, $75/mo net on $5,431/mo rent after the $3,498/mo debt service, but the property operates at break-even-plus, not a loss. At $778,000 with a 8.38% yield, the long-run equity case via 5% appreciation ($214,947 over five years) and $7,165/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $302,191.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.1% |
| Monthly Cash Flow | $75 | $300 |
City averages based on Irvine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,431 |
| Total Monthly Debt Service | $5,047 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1986
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices