2544 Forest Lk #20Santa AnaCA92705
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2544 Forest Lk #20, Santa Ana, CA, 92705 in Santa Ana: $2,769/mo in rent, $328/mo in net income, 8.42% gross yield, 1.56 DSCR, all at $394,600. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $109,021 in appreciation and $3,634/yr in principal paydown projects total cumulative return of $170,772.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $328 | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,769 |
| Total Monthly Debt Service | $2,284 |
| DSCR Ratio | 1.21x |
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 1984
N/A 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
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 1984
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Raleigh • Eva Raleigh, Broker
Mls Name: CRMLS
Mls ID: #OC25238608