3059 ScholarshipIrvineCA92612
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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
Rental property for sale in Irvine at 3059 Scholarship, Irvine, CA, 92612 offers $7,009/mo rent that, after a $8,443/mo payment. Total monthly income is $7,009/mo. Return on cash invested measures 12.51% in year one, and rental yield stands at 4.88% at a $1,725,000 entry. Equity gained on principal adds $11,131/yr while 5% annual appreciation compounds into $476,586 by year five. Five-year ROI records 63.04% and total cumulative return in cash reaches $352,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,009/mo property income versus a $8,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92612, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,591 (100%) |
| Owner Occupied HU | 4,561 (25.9%) |
| Renter Occupied HU | 11,042 (62.8%) |
| Vacant Housing Units | 1,988 (11.3%) |
| Median Home Value | $1,069,756 |
| Average Home Value | $1,221,478 |
Housing Distribution
Address Breakdown
Residential
15,886
Single Family
8,746
Multi-Family
7,140
Businesses
1,383
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Listed by: Yazen Haddad • E Realty
Mls Name: CRMLS
Mls ID: #OC25174429