216 Emerald DrSanta AnaCA92703
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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 Santa Ana at 216 Emerald Dr, Santa Ana, CA, 92703 priced at $149,900 converts $1,165/mo rent into $237/mo cash flow after a $734/mo obligation. Total monthly income equals $1,165/mo, and annual cash flow totals $2,849/yr on $49,692 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 9.33% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 133.66% and total cumulative return in cash sums $66,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,165/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1984
12.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92703, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 6,488 (46.4%) |
| Renter Occupied HU | 7,051 (50.5%) |
| Vacant Housing Units | 429 ( 3.1%) |
| Median Home Value | $629,303 |
| Average Home Value | $638,125 |
Housing Distribution
Address Breakdown
Residential
14,117
Single Family
11,338
Multi-Family
2,779
Businesses
1,108
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Listed by: NUVIA ANCHONDO • PAK HOME REALTY
Mls Name: CRMLS
Mls ID: #IV25280961