2849 S Fairview St UNIT HSanta AnaCA92704
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
Investment Highlights
Rental property for sale in Santa Ana at 2849 S Fairview St UNIT H, Santa Ana, CA, 92704 generates $2,621/mo in rent and, after a $1,933/mo payment, leaves $178/mo in cash flow. Total monthly income is $2,621/mo, and annual cash flow is $2,134/yr on $130,942 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 7.96% on a $394,999 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash sums $146,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,621/mo property income rather than buyer’s personal income.
Condo
Built in 1974
11.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92704, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,507 (100%) |
| Owner Occupied HU | 10,907 (50.7%) |
| Renter Occupied HU | 10,121 (47.1%) |
| Vacant Housing Units | 479 ( 2.2%) |
| Median Home Value | $702,462 |
| Average Home Value | $751,073 |
Housing Distribution
Address Breakdown
Residential
20,361
Single Family
17,247
Multi-Family
3,114
Businesses
2,302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jasmin Bahena • First Team Real Estate
Mls Name: CRMLS
Mls ID: #PW25163625