23222 Orange Ave APT 7Lake ForestCA92630
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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 Lake Forest at 23222 Orange Ave APT 7, Lake Forest, CA, 92630 earns $580/mo cash flow from $3,358/mo rent with a $2,198/mo payment. Total monthly income totals $3,358/mo, and annual cash flow totals $6,960/yr on $148,844 capital. ROI tracks 24.59% on current figures, and rental yield reads 8.97% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 127.94% and total cumulative return in cash sums $190,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,358/mo property income instead of your personal income.
Condo
Built in 1980
19.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92630, Lake Forest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,999 (100%) |
| Owner Occupied HU | 16,485 (65.9%) |
| Renter Occupied HU | 7,887 (31.5%) |
| Vacant Housing Units | 627 ( 2.5%) |
| Median Home Value | $956,523 |
| Average Home Value | $1,036,021 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
21,980
Multi-Family
2,480
Businesses
2,022
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Listed by: Xintong Li • Wetrust Realty
Mls Name: CRMLS
Mls ID: #CV25176494