24932 Tree AveMission 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
Rental property for sale in Mission Viejo at 24932 Tree Ave, Mission Viejo, CA, 92691 generates $4,680/mo in rent, after a $5,629/mo payment. Total monthly income is $4,680/mo. Return on cash invested sits at 12.53% in year one, and rental yield is 4.88% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 63.17% and total cumulative return in cash sums $235,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
7,139 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: Melissa Westfall • Opendoor Brokerage Inc.
Mls Name: CLAW
Mls ID: #25578509