2229 N Broadway #ISanta AnaCA92706
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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
Investment property for sale in Santa Ana at 2229 N Broadway #I, Santa Ana, CA, 92706 listed at $494,000 pairs $3,548/mo rent with a $2,418/mo payment to leave $492/mo cash flow. Total monthly income runs $3,548/mo, and annual cash flow reaches $5,903/yr on $163,761 cash to close. Return on cash invested measures 23.51% in year one, and rental yield registers 8.62% at a $494,000 basis. Equity gained on principal adds $3,188/yr, and annual property appreciation at 5% supports $136,483 by year five. Five-year ROI tracks 122.16% and total cumulative return in cash totals $200,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,548/mo property income relative to a $2,418/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1978
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92706, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,538 (100%) |
| Owner Occupied HU | 4,832 (50.7%) |
| Renter Occupied HU | 4,476 (46.9%) |
| Vacant Housing Units | 230 ( 2.4%) |
| Median Home Value | $913,987 |
| Average Home Value | $1,030,227 |
Housing Distribution
Address Breakdown
Residential
9,887
Single Family
7,485
Multi-Family
2,402
Businesses
738
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Listed by: Bob Hamidi • Bob Hamidi, Broker
Mls Name: CRMLS
Mls ID: #OC25175503