2371 Rutgers DrCosta MesaCA92626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Costa Mesa at 2371 Rutgers Dr, Costa Mesa, CA, 92626 generates $6,233/mo in rent, after a $7,219/mo payment. Total monthly income is $6,233/mo. Return on cash invested sits at 13.11% in year one, and rental yield is 5.07% on a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 66.28% and total cumulative return in cash sums $316,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,233/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
7,592 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,900
Single Family
14,491
Multi-Family
6,409
Businesses
3,391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Salata • Trust Properties USA
Mls Name: CRMLS
Mls ID: #OC25265017