2380 W Orangethorpe Ave APT 14, Fullerton, CA, 92833 | 7.39% Rental Yield

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2380 W Orangethorpe Ave APT 14, Fullerton, CA, 92833 | 7.39% Rental Yield | Ziffy

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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 Fullerton at 2380 W Orangethorpe Ave APT 14, Fullerton, CA, 92833 listed at $564,900 pairs $3,481/mo rent with a $2,765/mo payment. Total monthly income runs $3,481/mo. Return on cash invested measures 19.97% in year one, and rental yield registers 7.39% at a $564,900 basis. Equity gained on principal adds $3,645/yr, and annual property appreciation at 5% supports $156,071 by year five. Five-year ROI tracks 103.16% and total cumulative return in cash totals $191,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,481/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1983

1.22 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this Main level Condominium in a Prime Location of Orangethorpe Village offering an open floor plan. Location offers easy access, location privacy and pool view. The floor plan offers two huge bedrooms and two bathrooms. You won't believe the amount of space the bedrooms offer. Each of the bdrms are situated on the either side of the living room, dining area and kitchen. The living room has a gas burning fireplace and a sliding glass door leading out to the patio. The patio offers plenty of room for outdoor entertaining as well as storage. The Laundry area is conveniently located in a private room off the patio. This corner unit offers pleasing views of the association pool and jacuzzi. Upgrades include new flooring, recessed lighting, new stove/double oven, full counter to cabinet backsplash in kitchen, dishwasher and microwave, fresh paint, new toilets, and 3 new top notch ceiling fans in both bedrooms and in the living room. A/C and Heat upgraded in May 2022 and water heater was upgraded in 2023. Detached Garage unit with storage space. Extra parking space can be purchased through the HOA. HOA pays for water, trash, pool, jacuzzi, exterior maintenance, and yard. Come see this beautiful unit and make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92833, Fullerton, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,081 (100%)
Owner Occupied HU	9,584 (56.1%)
Renter Occupied HU	7,110 (41.6%)
Vacant Housing Units	387 ( 2.3%)
Median Home Value	$899,802
Average Home Value	$946,984