22 Bright Water DrDana PointCA92629
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Dana Point rental at 22 Bright Water Dr, Dana Point, CA, 92629 sits in the solid-income band: 9.46% gross yield, $6,625/mo rent, $910/mo net after the $3,777/mo debt service, DSCR 1.75. Entry price of $840,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $232,077 and $7,736/yr in principal reduction bring total cumulative return to $379,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $910 | $1,500 |
City averages based on Dana Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,625 |
| Total Monthly Debt Service | $5,381 |
| DSCR Ratio | 1.23x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
$519 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92629, Dana Point, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,363 (100%) |
| Owner Occupied HU | 6,725 (50.3%) |
| Renter Occupied HU | 4,968 (37.2%) |
| Vacant Housing Units | 1,670 (12.5%) |
| Median Home Value | $1,402,984 |
| Average Home Value | $1,493,273 |
Housing Distribution
Address Breakdown
Residential
12,868
Single Family
11,943
Multi-Family
925
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1989
N/A lot
$N/A/sqft
$519 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92629, Dana Point, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,363 (100%) |
| Owner Occupied HU | 6,725 (50.3%) |
| Renter Occupied HU | 4,968 (37.2%) |
| Vacant Housing Units | 1,670 (12.5%) |
| Median Home Value | $1,402,984 |
| Average Home Value | $1,493,273 |
Housing Distribution
Address Breakdown
Residential
12,868
Single Family
11,943
Multi-Family
925
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices