2413 N Louise StSanta AnaCA92706
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Santa Ana rental at 2413 N Louise St, Santa Ana, CA, 92706 sits in the solid-income band: 8.76% gross yield, $8,029/mo rent, $1,224/mo net after the $4,946/mo debt service, DSCR 1.62. Entry price of $1,100,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $303,910 and $10,131/yr in principal reduction bring total cumulative return to $495,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $1,224 | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,029 |
| Total Monthly Debt Service | $6,367 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
8,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92706, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,538 (100%) |
| Owner Occupied HU | 4,832 (50.7%) |
| Renter Occupied HU | 4,476 (46.9%) |
| Vacant Housing Units | 230 ( 2.4%) |
| Median Home Value | $913,987 |
| Average Home Value | $1,030,227 |
Housing Distribution
Address Breakdown
Residential
9,887
Single Family
7,485
Multi-Family
2,402
Businesses
738
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
Single Family
Built in 1955
8,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92706, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,538 (100%) |
| Owner Occupied HU | 4,832 (50.7%) |
| Renter Occupied HU | 4,476 (46.9%) |
| Vacant Housing Units | 230 ( 2.4%) |
| Median Home Value | $913,987 |
| Average Home Value | $1,030,227 |
Housing Distribution
Address Breakdown
Residential
9,887
Single Family
7,485
Multi-Family
2,402
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices