23301 Ridge Route Dr SPACE 246Laguna HillsCA92653
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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 Laguna Hills at 23301 Ridge Route Dr SPACE 246, Laguna Hills, CA, 92653 listed at $499,900 pairs $3,066/mo rent with a $2,447/mo payment. Total monthly income runs $3,066/mo. Return on cash invested measures 19.72% in year one, and rental yield registers 7.36% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 101.81% and total cumulative return in cash totals $168,708. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,066/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92653, Laguna Hills, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,420 (100%) |
| Owner Occupied HU | 6,825 (65.5%) |
| Renter Occupied HU | 3,050 (29.3%) |
| Vacant Housing Units | 545 ( 5.2%) |
| Median Home Value | $1,101,444 |
| Average Home Value | $1,176,614 |
Housing Distribution
Address Breakdown
Residential
10,884
Single Family
9,122
Multi-Family
1,762
Businesses
2,338
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Listed by: Arthur Cervantes • Arthur Cervantes Properties Inc
Mls Name: CRMLS
Mls ID: #PW25171943