214 Royal Ln #151Santa AnaCA92704
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 214 Royal Ln #151, Santa Ana, CA, 92704 in Santa Ana, $220,000, 8.15% gross yield, $133/mo net income. Consider it a market-entry position, the $1,494/mo rent covers the $1,043/mo payment with a margin, and 5%/yr appreciation is projected to add $60,782 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.43) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $87,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $133 | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,494 |
| Total Monthly Debt Service | $1,327 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92704, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,507 (100%) |
| Owner Occupied HU | 10,907 (50.7%) |
| Renter Occupied HU | 10,121 (47.1%) |
| Vacant Housing Units | 479 ( 2.2%) |
| Median Home Value | $702,462 |
| Average Home Value | $751,073 |
Housing Distribution
Address Breakdown
Residential
20,361
Single Family
17,247
Multi-Family
3,114
Businesses
2,302
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls Provider:
Mls ID: #PW26191438
