26 Mira Las OlasSan ClementeCA92673
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 26 Mira Las Olas, San Clemente, CA, 92673 in San Clemente: $5,581/mo in rent, $1,257/mo in net income, 9.58% gross yield, 1.78 DSCR, all at $699,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $193,121 in appreciation and $6,438/yr in principal paydown projects total cumulative return of $345,969.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $1,257 | $2,500 |
City averages based on San Clemente market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,581 |
| Total Monthly Debt Service | $4,046 |
| DSCR Ratio | 1.38x |
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 1974
30.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92673, San Clemente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,354 (100%) |
| Owner Occupied HU | 7,875 (76.1%) |
| Renter Occupied HU | 2,133 (20.6%) |
| Vacant Housing Units | 346 ( 3.3%) |
| Median Home Value | $1,396,840 |
| Average Home Value | $1,454,091 |
Housing Distribution
Address Breakdown
Residential
10,348
Single Family
9,608
Multi-Family
740
Businesses
1,105
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 1974
30.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92673, San Clemente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,354 (100%) |
| Owner Occupied HU | 7,875 (76.1%) |
| Renter Occupied HU | 2,133 (20.6%) |
| Vacant Housing Units | 346 ( 3.3%) |
| Median Home Value | $1,396,840 |
| Average Home Value | $1,454,091 |
Housing Distribution
Address Breakdown
Residential
10,348
Single Family
9,608
Multi-Family
740
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gay-lynn Chavez • eXp Realty of California Inc.
Mls Name: CRMLS
Mls ID: #DW25251632