24922 Muirlands Boulevard #91Lake ForestCA92630
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 24922 Muirlands Boulevard #91, Lake Forest, CA, 92630 in Lake Forest hard to pass up. The 10.36% gross yield on a $349,990 purchase results in $3,023/mo in rent and $858/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.92). Annual cash flow of $10,292, five-year appreciation of $96,696, and $3,223/yr in equity build-up combine for a projected total cumulative return of $187,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $858 | $600 |
City averages based on Lake Forest market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,023 |
| Total Monthly Debt Service | $2,026 |
| DSCR Ratio | 1.49x |
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.
Manufactured
Built in 2003
N/A 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
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
Manufactured
Built in 2003
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: TCMLS
Mls ID: #240191