








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Mission Viejo at 23302 La Mar APT A, Mission Viejo, CA, 92691 earns $610/mo cash flow from $3,682/mo rent with a $2,154/mo payment. Total monthly income totals $3,682/mo, and annual cash flow totals $7,316/yr on $145,860 capital. ROI tracks 24.92% on current figures, and rental yield reads 10.04% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash sums $190,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,682/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 92691, Mission Viejo, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,612 (100%) |
| Owner Occupied HU | 12,236 (73.7%) |
| Renter Occupied HU | 3,989 (24.0%) |
| Vacant Housing Units | 387 ( 2.3%) |
| Median Home Value | $959,969 |
| Average Home Value | $1,038,409 |
Residential
17,124
Single Family
15,961
Multi-Family
1,163
Businesses
1,582
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Listed for sale | $440,000 |
| 2002-12-18 | Sold | $155,000 |
| 1996-05-09 | Sold | $51,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2225.00 | 1.80% | $215,763 | 2.00% |
| 2022-08-30 | $2185.56 | 2.03% | $211,533 | 2.00% |
| 2021-08-30 | $2142.10 | 0.89% | $207,386 | 1.04% |



Listed by: Sandra Carrillo • Re/Max Top Producers
Mls Name: CRMLS
Mls Provider:
Mls ID: #DW24162306
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