








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Newport Beach at 310 Fernando St APT 303, Newport Beach, CA, 92661 projects strong ROI of 3.5%. Rental yield 2.31%. With 5% annual appreciation, the property builds $621,634 in value over five years. Equity growth combined delivers a projected five-year ROI of 15.15%, translating into $110,465 in total cumulative return on $729,000 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.
Condo
Built in 1963
0.86 Acres lot
$N/A/sqft
$655 monthly HOA
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listing removed | $6,350 |
| 2025-01-31 | Listed for rent | $6,350 |
| 2019-09-27 | Sold | $830,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $9752.00 | 2.42% | $889,925 | 2.00% |
| 2023-02-13 | $9521.56 | 1.72% | $872,476 | 2.00% |
| 2022-02-13 | $9360.66 | 1.93% | $855,369 | 2.00% |



Listed by: Amelie Mason • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #NP25022460
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13 02:32:03 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information