24 OakfieldIrvineCA92620
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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 24 Oakfield, Irvine, CA, 92620 earns from $5,594/mo rent with a $8,751/mo payment. Total monthly income totals $5,594/mo. ROI tracks 9.05% on current figures, and rental yield reads 3.75% at a $1,788,000 purchase. Equity gained on principal adds $11,538/yr, and 5% annual appreciation supports $493,991 over five years. Five-year ROI reaches 44.49% and total cumulative return in cash sums $257,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,594/mo property income instead of your personal income.
Condo
Built in 2012
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
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Listed by: Cayenne Kuang • Spectrum Realty
Mls Name: CRMLS
Mls ID: #OC25248377