2832 Ballesteros LnTustinCA92782
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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
Total monthly income runs $5,327/mo, and a $4,885/mo payment. Purchase price stands at $998,000, and rental yield measures 6.41% with $5,327/mo rent. Return on cash invested shows 16.96% in year one, and 5% annual appreciation builds toward $275,729 over five years. Five-year ROI reaches 87% and total cumulative return in cash records $285,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,327/mo property income covering a $4,885/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92782, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,659 (57.1%) |
| Renter Occupied HU | 4,552 (39.0%) |
| Vacant Housing Units | 450 ( 3.9%) |
| Median Home Value | $1,253,612 |
| Average Home Value | $1,308,362 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
7,272
Multi-Family
4,237
Businesses
312
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Listed by: Regina Singh • Elevate by Mantra
Mls Name: CRMLS
Mls ID: #OC25225428