24611 Spadra LnMission ViejoCA92691
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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 Mission Viejo at 24611 Spadra Ln, Mission Viejo, CA, 92691 listed at $1,749,000 pairs $6,908/mo rent with a $8,560/mo payment. Total monthly income runs $6,908/mo. Return on cash invested measures 12.09% in year one, and rental yield registers 4.74% at a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and annual property appreciation at 5% supports $483,216 by year five. Five-year ROI tracks 60.79% and total cumulative return in cash totals $344,503. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,908/mo property income relative to a $8,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
7,617 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92691, Mission Viejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,612 (100%) |
| Owner Occupied HU | 12,236 (73.7%) |
| Renter Occupied HU | 3,989 (24.0%) |
| Vacant Housing Units | 387 ( 2.3%) |
| Median Home Value | $959,969 |
| Average Home Value | $1,038,409 |
Housing Distribution
Address Breakdown
Residential
17,124
Single Family
15,961
Multi-Family
1,163
Businesses
1,582
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Listed by: Ever Eternity • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #PTP2508890