20702 El Toro Rd APT 413Lake ForestCA92630
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 20702 El Toro Rd APT 413, Lake Forest, CA, 92630 in Lake Forest at $389,888 earns $2,569/mo in rent and nets $157/mo after the $1,753/mo payment, a 7.91% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $107,719 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $3,591/yr in principal paydown, total projected return reaches $157,981.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.5% |
| Monthly Cash Flow | $157 | $600 |
City averages based on Lake Forest market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,569 |
| Total Monthly Debt Service | $2,257 |
| DSCR Ratio | 1.14x |
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 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92630, Lake Forest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,999 (100%) |
| Owner Occupied HU | 16,485 (65.9%) |
| Renter Occupied HU | 7,887 (31.5%) |
| Vacant Housing Units | 627 ( 2.5%) |
| Median Home Value | $956,523 |
| Average Home Value | $1,036,021 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
21,980
Multi-Family
2,480
Businesses
2,022
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 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92630, Lake Forest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,999 (100%) |
| Owner Occupied HU | 16,485 (65.9%) |
| Renter Occupied HU | 7,887 (31.5%) |
| Vacant Housing Units | 627 ( 2.5%) |
| Median Home Value | $956,523 |
| Average Home Value | $1,036,021 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
21,980
Multi-Family
2,480
Businesses
2,022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Spenker • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #OC25216333