23 CrosspointeIrvineCA92620
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
Investment Highlights
Investment property for sale in Irvine at 23 Crosspointe, Irvine, CA, 92620 offers a 5.26% rental yield on a $1,229,000 purchase with $5,387/mo rent. 69% in year one. Equity gained on principal adds $7,931/yr while 5% annual appreciation supports $339,550 over five years. Portfolio math shows five-year ROI at 69.41% and total cumulative return in cash at $276,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,387/mo property income against a $6,015/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
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Listed by: Sakeenah Redmond • SNR Real Estate Group
Mls Name: CRMLS
Mls ID: #OC25221198