309 Metro CtFullertonCA92832
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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 Fullerton at 309 Metro Ct, Fullerton, CA, 92832 priced at $829,000 converts $4,837/mo rent into after a $4,058/mo obligation. Total monthly income equals $4,837/mo. Return on cash invested prints 18.78% in year one, and rental yield reads 7% against a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation compiles into $229,037 by year five. Five-year ROI reaches 96.74% and total cumulative return in cash sums $263,860. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,837/mo property income covering a $4,058/mo payment, not borrower’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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
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Listed by: Jung Kim • Team Spirit Realty, Inc.
Mls Name: CRMLS
Mls ID: #PW25225890