259 Mayflower DrNewport BeachCA92660
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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 Newport Beach at 259 Mayflower Dr, Newport Beach, CA, 92660 priced at $559,000 pairs $5,407/mo rent with $1,949/mo cash flow after a $2,736/mo payment. Total monthly income equals $5,407/mo, and annual cash flow comes to $23,387/yr on $183,911 invested. Return on cash invested is 32.78% in year one, and rental yield stands at 11.61% on a $559,000 basis. Equity gained on principal adds $3,607/yr, and 5% annual appreciation accumulates to $154,441 by year five. Five-year ROI measures 171.8% and total cumulative return in cash reaches $315,963. For financing, Ziffy Mortgage’s DSCR program evaluates $5,407/mo property income against a $2,736/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92660, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,142 (100%) |
| Owner Occupied HU | 8,382 (46.2%) |
| Renter Occupied HU | 8,058 (44.4%) |
| Vacant Housing Units | 1,702 ( 9.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,834,242 |
Housing Distribution
Address Breakdown
Residential
16,761
Single Family
12,051
Multi-Family
4,710
Businesses
3,322
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Listed by: Marilyn Williams • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NP25247211