3101 S Fairview St SPACE 70, Santa Ana, CA, 92704 | $176/mo Cash Flow

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3101 S Fairview St SPACE 70, Santa Ana, CA, 92704 | $176/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Santa Ana at 3101 S Fairview St SPACE 70, Santa Ana, CA, 92704 offers a 8.34% rental yield on a $230,000 purchase with $1,599/mo rent. Total monthly income registers $1,599/mo, and a $1,126/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,111/yr on $76,245 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 117.69% and total cumulative return in cash at $89,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,599/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1998

3,224 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this cozy and well-maintained home, featuring a beautifully remodeled kitchen and bathroom with Quartz counter tops, along with stylish new flooring throughout. The spacious living and dining areas are perfect for entertaining, and all bedrooms are generously sized. Custom-made shutters on every window add both privacy and comfort. Enjoy waterproof laminate flooring throughout the main living areas, and soak in the natural light from the skylight in the living room-an energy-saving bonus! The exterior offers low-maintenance, well-kept landscaping, and a large driveway that can accommodate 3 to 4 vehicles, depending on size. Located in the highly desirable Plaza Village community, this home offers resort-style amenities including a sparkling swimming pool, relaxing Jacuzzi, playground, laundry room, clubhouse for events, and ample guest parking. Conveniently close to the 405 Freeway, top-rated schools, shopping, entertainment, and landmarks like South Coast Plaza and Segerstrom Center for the Arts. Don't miss the opportunity to own this turnkey home in a vibrant, family-friendly neighborhood!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92704, Santa Ana, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,507 (100%)
Owner Occupied HU	10,907 (50.7%)
Renter Occupied HU	10,121 (47.1%)
Vacant Housing Units	479 ( 2.2%)
Median Home Value	$702,462
Average Home Value	$751,073