2 Cerro CtMission ViejoCA92694
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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 Mission Viejo at 2 Cerro Ct, Mission Viejo, CA, 92694 priced at $1,925,000 pairs $6,160/mo rent with after a $9,422/mo payment. Total monthly income equals $6,160/mo. Return on cash invested is 9.31% in year one, and rental yield stands at 3.84% on a $1,925,000 basis. Equity gained on principal adds $12,422/yr, and 5% annual appreciation accumulates to $531,842 by year five. Five-year ROI measures 45.9% and total cumulative return in cash reaches $286,300. For financing, Ziffy Mortgage’s DSCR program evaluates $6,160/mo property income against a $9,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
4,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92694, Ladera Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,491 (100%) |
| Owner Occupied HU | 8,776 (70.3%) |
| Renter Occupied HU | 3,093 (24.8%) |
| Vacant Housing Units | 622 ( 5.0%) |
| Median Home Value | $1,238,127 |
| Average Home Value | $1,295,831 |
Housing Distribution
Address Breakdown
Residential
13,707
Single Family
12,121
Multi-Family
1,586
Businesses
366
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Listed by: Dave Archuletta • First Team Real Estate
Mls Name: CRMLS
Mls ID: #OC25217319