2337 Watermarke PlIrvineCA92612
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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 Irvine at 2337 Watermarke Pl, Irvine, CA, 92612 offers a 5.78% rental yield on a $865,000 purchase with $4,168/mo rent. 07% in year one. Equity gained on principal adds $5,582/yr while 5% annual appreciation supports $238,984 over five years. Portfolio math shows five-year ROI at 76.86% and total cumulative return in cash at $218,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,168/mo property income against a $4,234/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
10.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92612, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,591 (100%) |
| Owner Occupied HU | 4,561 (25.9%) |
| Renter Occupied HU | 11,042 (62.8%) |
| Vacant Housing Units | 1,988 (11.3%) |
| Median Home Value | $1,069,756 |
| Average Home Value | $1,221,478 |
Housing Distribution
Address Breakdown
Residential
15,886
Single Family
8,746
Multi-Family
7,140
Businesses
1,383
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Listed by: Elizabeth Do • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #OC25258395