2989 Ceylon DrCosta 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 2989 Ceylon Dr, Costa Mesa, CA, 92626 projects strong ROI of 4.99%. Rental yield 2.44%. With 5% annual appreciation, the property builds $1,000,139 in value over five years. Equity growth combined delivers a projected five-year ROI of 22.73%, translating into $266,629 in total cumulative return on $1,172,880 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2001
8,000 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: Mike Sung • Real Broker
Mls Name: CRMLS
Mls ID: #OC25239173