301 N Ford Ave APT 233FullertonCA92832
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 301 N Ford Ave APT 233, Fullerton, CA, 92832 in Fullerton speaks for itself: 13.15% gross on a $289,000 price, generating $3,168/mo in rent and $1,150/mo in net income after the $1,300/mo debt service. DSCR 2.44, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,802 stacks alongside $79,845 in projected five-year appreciation and $2,662/yr in principal reduction. Projected total cumulative return: $184,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.0% |
| Monthly Cash Flow | $1,150 | $1,500 |
City averages based on Fullerton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,168 |
| Total Monthly Debt Service | $1,903 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1984
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92832, Fullerton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,231 (32.9%) |
| Renter Occupied HU | 6,018 (61.3%) |
| Vacant Housing Units | 568 ( 5.8%) |
| Median Home Value | $794,072 |
| Average Home Value | $841,968 |
Housing Distribution
Address Breakdown
Residential
9,540
Single Family
7,083
Multi-Family
2,457
Businesses
1,169
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92832, Fullerton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,231 (32.9%) |
| Renter Occupied HU | 6,018 (61.3%) |
| Vacant Housing Units | 568 ( 5.8%) |
| Median Home Value | $794,072 |
| Average Home Value | $841,968 |
Housing Distribution
Address Breakdown
Residential
9,540
Single Family
7,083
Multi-Family
2,457
Businesses
1,169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices