23 Bower TreeIrvineCA92603
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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 Irvine at 23 Bower Tree, Irvine, CA, 92603 offers a 3.7% rental yield on a $1,868,000 purchase with $5,752/mo rent. 86% in year one. Equity gained on principal adds $12,054/yr while 5% annual appreciation supports $516,094 over five years. Portfolio math shows five-year ROI at 43.51% and total cumulative return in cash at $263,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,752/mo property income against a $9,143/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92603, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,640 (58.1%) |
| Renter Occupied HU | 2,945 (36.9%) |
| Vacant Housing Units | 397 ( 5.0%) |
| Median Home Value | $1,848,428 |
| Average Home Value | $1,751,539 |
Housing Distribution
Address Breakdown
Residential
7,831
Single Family
6,105
Multi-Family
1,726
Businesses
67
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Listed by: Tina Yang • Pacific Sterling Realty
Mls Name: CRMLS
Mls ID: #OC25229619