2330 Vanguard Way APT F102, Costa Mesa, CA, 92626 | 5.74% Rental Yield

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2330 Vanguard Way APT F102, Costa Mesa, CA, 92626 | 5.74% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Costa Mesa at 2330 Vanguard Way APT F102, Costa Mesa, CA, 92626 earns from $3,587/mo rent with a $3,671/mo payment. Total monthly income totals $3,587/mo. ROI tracks 14.94% on current figures, and rental yield reads 5.74% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 76.17% and total cumulative return in cash sums $187,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,587/mo property income instead of your personal income.

Condo

Built in 1985

4.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Newport Landing! Experience comfort and convenience in this charming Cape Cod-style community with lush, manicured landscaping throughout. This beautifully designed 2-bedroom, 2-bathroom home offers a well-thought-out floorplan perfect for privacy and easy living. Each spacious bedroom features its own bathroom, ideal for guests or roommates. Upon entry, you're greeted with an open-concept layout that provides clear sightlines from the dining room, kitchen and living room leading to a private deck/patio with serene views. The updated kitchen includes quartz countertops and a garden window that brings in natural light. The primary suite boasts two generous closets and a cozy alcove perfect for a reading nook or quiet retreat overlooking the pool. Enjoy direct views of one of the two sparkling community pools from your bedroom or private deck, creating a resort-like atmosphere. Additional highlights include an in-unit laundry closet conveniently located between the bedrooms and two separate garages for parking or extra storage. Newport Landings prime location puts you just minutes from beautiful beaches, the Orange County Fairgrounds, Vanguard University, Orange Coast College, local dining, shopping, and easy access to major OC freeways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92626, Costa Mesa, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,117 (100%)
Owner Occupied HU	8,243 (39.0%)
Renter Occupied HU	11,814 (55.9%)
Vacant Housing Units	1,060 ( 5.0%)
Median Home Value	$1,147,569
Average Home Value	$1,203,260