2942 W Floyd AveAnaheimCA92804
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2942 W Floyd Ave, Anaheim, CA, 92804 in Anaheim the bet is firmly on appreciation. Rental yield 2.15%. The 2.15% gross yield on a $1,720,000 price is below income-first thresholds, but 5%/yr value growth projects $475,204 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.40) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $165,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 5.2% |
| Monthly Cash Flow | $(7,563) | $300 |
City averages based on Anaheim market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,077 |
| Total Monthly Debt Service | $9,956 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1979
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92804, Anaheim, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 10,763 (39.1%) |
| Renter Occupied HU | 15,879 (57.6%) |
| Vacant Housing Units | 914 ( 3.3%) |
| Median Home Value | $772,602 |
| Average Home Value | $817,862 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
16,958
Multi-Family
8,660
Businesses
1,160
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
Multi Family
Built in 1979
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92804, Anaheim, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 10,763 (39.1%) |
| Renter Occupied HU | 15,879 (57.6%) |
| Vacant Housing Units | 914 ( 3.3%) |
| Median Home Value | $772,602 |
| Average Home Value | $817,862 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
16,958
Multi-Family
8,660
Businesses
1,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne Yang • Action Star Realty, Inc.
Mls Name: CRMLS
Mls ID: #TR25194484