23276 Orange Ave APT 8Lake 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 23276 Orange Ave APT 8, Lake Forest, CA, 92630 uses $193,781 cash to close to unlock $8,834/yr annual cash flow and $736/mo monthly cash flow. Total monthly income runs $4,380/mo, and a $2,883/mo payment keeps the spread at $736/mo. Purchase price stands at $589,000, and rental yield measures 8.92% with $4,380/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 128.08% and total cumulative return in cash records $248,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A 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: Jonathan Rodriguez • CA Flat Fee Listings, Inc
Mls Name: CRMLS
Mls ID: #AR26007377