209 El PaseoLake ForestCA92610
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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 Lake Forest at 209 El Paseo, Lake Forest, CA, 92610 with 5% annual appreciation on a $1,025,000 basis while $4,910/mo rent supports operations. 2% in year one. Equity gained on principal adds $6,614/yr, and five-year appreciation sums $283,189 alongside rental yield of 5.75%. Five-year ROI measures 77.5% and total cumulative return in cash totals $257,368. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,910/mo property income versus a $5,017/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2016
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92610, Foothill Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 2,962 (72.5%) |
| Renter Occupied HU | 1,036 (25.3%) |
| Vacant Housing Units | 90 ( 2.2%) |
| Median Home Value | $1,031,056 |
| Average Home Value | $1,147,307 |
Housing Distribution
Address Breakdown
Residential
4,652
Single Family
3,557
Multi-Family
1,095
Businesses
347
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Listed by: Ed Mecheal • Realty One Group West
Mls Name: CRMLS
Mls ID: #OC25175613