24193 Harbor Ridge Ln #81Lake ForestCA92630
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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 Lake Forest at 24193 Harbor Ridge Ln #81, Lake Forest, CA, 92630 earns from $3,841/mo rent with a $3,597/mo payment. Total monthly income totals $3,841/mo. ROI tracks 16.56% on current figures, and rental yield reads 6.27% at a $735,000 purchase. Equity gained on principal adds $4,743/yr, and 5% annual appreciation supports $203,067 over five years. Five-year ROI reaches 84.85% and total cumulative return in cash sums $205,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,841/mo property income instead of your personal income.
Condo
Built in 1989
4.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92630, Lake Forest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,999 (100%) |
| Owner Occupied HU | 16,485 (65.9%) |
| Renter Occupied HU | 7,887 (31.5%) |
| Vacant Housing Units | 627 ( 2.5%) |
| Median Home Value | $956,523 |
| Average Home Value | $1,036,021 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
21,980
Multi-Family
2,480
Businesses
2,022
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Listed by: William Chiang • First Team Real Estate
Mls Name: CLAW
Mls ID: #25616057