30802 Coast Hwy SPACE K51Laguna BeachCA92651
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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 Laguna Beach at 30802 Coast Hwy SPACE K51, Laguna Beach, CA, 92651 generates $2,503/mo in rent, after a $2,056/mo payment. Total monthly income is $2,503/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 7.15% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 98.43% and total cumulative return in cash sums $137,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,503/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
46.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92651, Laguna Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,340 (100%) |
| Owner Occupied HU | 6,667 (50.0%) |
| Renter Occupied HU | 4,381 (32.8%) |
| Vacant Housing Units | 2,292 (17.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,848,328 |
Housing Distribution
Address Breakdown
Residential
12,781
Single Family
11,507
Multi-Family
1,274
Businesses
1,452
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Listed by: Patricia McMillan • Berkshire Hathaway Home Services
Mls Name: CRMLS
Mls ID: #OC25177236