2 Teramo CtNewport CoastCA92657
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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 Coast at 2 Teramo Ct, Newport Coast, CA, 92657 offers a 4.85% rental yield on a $1,695,000 purchase with $6,854/mo rent. 44% in year one. Equity gained on principal adds $10,938/yr while 5% annual appreciation supports $468,297 over five years. Portfolio math shows five-year ROI at 62.66% and total cumulative return in cash at $344,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,854/mo property income against a $8,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92657, Newport Coast, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 2,681 (64.2%) |
| Renter Occupied HU | 1,062 (25.4%) |
| Vacant Housing Units | 436 (10.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,922,088 |
Housing Distribution
Address Breakdown
Residential
4,691
Single Family
3,396
Multi-Family
1,295
Businesses
83
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Listed by: Danielle Snyder • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #OC25193732