2516 N Tustin Ave #ASanta AnaCA92705
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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 Santa Ana at 2516 N Tustin Ave #A, Santa Ana, CA, 92705 offers a 14.86% rental yield on a $290,000 purchase with $3,592/mo rent. Total monthly income registers $3,592/mo, and a $1,419/mo payment leaves $1,798/mo available for distribution. Annual cash flow reaches $21,581/yr on $96,135 to close, and return on cash invested stands at 42.36% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 223.25% and total cumulative return in cash at $214,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,592/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
7.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92705, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,074 (100%) |
| Owner Occupied HU | 10,416 (54.6%) |
| Renter Occupied HU | 7,375 (38.7%) |
| Vacant Housing Units | 1,283 ( 6.7%) |
| Median Home Value | $1,219,782 |
| Average Home Value | $1,251,493 |
Housing Distribution
Address Breakdown
Residential
16,735
Single Family
15,020
Multi-Family
1,715
Businesses
4,311
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Listed by: Donna Marie Ramirez • RE/MAX New Dimension
Mls Name: CRMLS
Mls ID: #PW25185070