217 E Balboa Blvd, Newport Beach, CA, 92661 | ROI: 6.12%

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newport Beach at 217 E Balboa Blvd, Newport Beach, CA, 92661 projects strong ROI of 6.12%. Rental yield 2.81%. With 5% annual appreciation, the property builds $827,463 in value over five years. Equity growth combined delivers a projected five-year ROI of 28.81%, translating into $279,589 in total cumulative return on $970,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in 1956

2,614 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,494 (100%)
Owner Occupied HU	787 (31.6%)
Renter Occupied HU	891 (35.7%)
Vacant Housing Units	816 (32.7%)
Median Home Value	$2,000,001
Average Home Value	$1,929,638