2913 Redwood AveCosta MesaCA92626
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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
Investment property for sale in Costa Mesa at 2913 Redwood Ave, Costa Mesa, CA, 92626 earns from $6,104/mo rent with a $7,219/mo payment. Total monthly income totals $6,104/mo. ROI tracks 12.79% on current figures, and rental yield reads 4.97% at a $1,475,000 purchase. Equity gained on principal adds $9,518/yr, and 5% annual appreciation supports $407,515 over five years. Five-year ROI reaches 64.54% and total cumulative return in cash sums $308,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,104/mo property income instead of your personal income.
Single Family
Built in 1975
7,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92626, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,117 (100%) |
| Owner Occupied HU | 8,243 (39.0%) |
| Renter Occupied HU | 11,814 (55.9%) |
| Vacant Housing Units | 1,060 ( 5.0%) |
| Median Home Value | $1,147,569 |
| Average Home Value | $1,203,260 |
Housing Distribution
Address Breakdown
Residential
20,900
Single Family
14,491
Multi-Family
6,409
Businesses
3,391
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Listed by: Christopher Melendres • Advanced Commercial Real Estate, Inc
Mls Name: CRMLS
Mls ID: #NP25166815