253 ShovelerIrvineCA92618
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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 Irvine at 253 Shoveler, Irvine, CA, 92618 listed at $1,366,800 pairs $6,000/mo rent with a $6,690/mo payment. Total monthly income runs $6,000/mo. Return on cash invested measures 13.72% in year one, and rental yield registers 5.27% at a $1,366,800 basis. Equity gained on principal adds $8,820/yr, and annual property appreciation at 5% supports $377,622 by year five. Five-year ROI tracks 69.53% and total cumulative return in cash totals $307,908. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,000/mo property income relative to a $6,690/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92618, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,952 (100%) |
| Owner Occupied HU | 11,620 (38.8%) |
| Renter Occupied HU | 14,256 (47.6%) |
| Vacant Housing Units | 4,076 (13.6%) |
| Median Home Value | $1,450,685 |
| Average Home Value | $1,475,721 |
Housing Distribution
Address Breakdown
Residential
28,416
Single Family
20,263
Multi-Family
8,153
Businesses
3,614
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Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A