231 Montana Del Lago DrRancho Santa MargaritaCA92688
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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
Rental property for sale in Rancho Santa Margarita at 231 Montana Del Lago Dr, Rancho Santa Margarita, CA, 92688 priced at $1,150,000 converts $5,056/mo rent into after a $5,629/mo obligation. Total monthly income equals $5,056/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.28% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 69.66% and total cumulative return in cash sums $259,569. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,056/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92688, Rancho Santa Margarita, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,526 (100%) |
| Owner Occupied HU | 10,561 (63.9%) |
| Renter Occupied HU | 5,566 (33.7%) |
| Vacant Housing Units | 399 ( 2.4%) |
| Median Home Value | $930,906 |
| Average Home Value | $973,976 |
Housing Distribution
Address Breakdown
Residential
16,240
Single Family
13,373
Multi-Family
2,867
Businesses
991
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Listed by: Randy Ora • Berkshire Hathaway HomeService
Mls Name: CRMLS
Mls ID: #OC25207603