22831 Modesto DrMission ViejoCA92691
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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 Mission Viejo at 22831 Modesto Dr, Mission Viejo, CA, 92691 offers a 4.77% rental yield on a $1,384,000 purchase with $5,501/mo rent. 18% in year one. Equity gained on principal adds $8,931/yr while 5% annual appreciation supports $382,374 over five years. Portfolio math shows five-year ROI at 61.3% and total cumulative return in cash at $274,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,501/mo property income against a $6,774/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
6,790 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92691, Mission Viejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,612 (100%) |
| Owner Occupied HU | 12,236 (73.7%) |
| Renter Occupied HU | 3,989 (24.0%) |
| Vacant Housing Units | 387 ( 2.3%) |
| Median Home Value | $959,969 |
| Average Home Value | $1,038,409 |
Housing Distribution
Address Breakdown
Residential
17,124
Single Family
15,961
Multi-Family
1,163
Businesses
1,582
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Listed by: Megan Bixler • StarFire Real Estate Corp.
Mls Name: CRMLS
Mls ID: #OC25193366