216 S Ridgeway StAnaheimCA92804
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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 Anaheim at 216 S Ridgeway St, Anaheim, CA, 92804 priced at $1,699,000 pairs $3,750/mo rent with after a $8,316/mo payment. Total monthly income equals $3,750/mo. Return on cash invested is 5.63% in year one, and rental yield stands at 2.65% on a $1,699,000 basis. Equity gained on principal adds $10,963/yr, and 5% annual appreciation accumulates to $469,402 by year five. Five-year ROI measures 26.18% and total cumulative return in cash reaches $144,125. For financing, Ziffy Mortgage’s DSCR program evaluates $3,750/mo property income against a $8,316/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1964
9,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92804, Anaheim, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 10,763 (39.1%) |
| Renter Occupied HU | 15,879 (57.6%) |
| Vacant Housing Units | 914 ( 3.3%) |
| Median Home Value | $772,602 |
| Average Home Value | $817,862 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
16,958
Multi-Family
8,660
Businesses
1,160
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Listed by: Jerri Leblanc • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #PW26016105