314 S Illinois StAnaheimCA92805
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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 Anaheim at 314 S Illinois St, Anaheim, CA, 92805 priced at $998,000 converts $6,226/mo rent into $52/mo cash flow after a $4,885/mo obligation. Total monthly income equals $6,226/mo, and annual cash flow totals $623/yr on $328,342 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 7.49% against a $998,000 entry. Equity gained on principal adds $6,440/yr, while 5% annual appreciation compiles into $275,729 by year five. Five-year ROI reaches 104.62% and total cumulative return in cash sums $343,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,226/mo property income covering a $4,885/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92805, Anaheim, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,750 (100%) |
| Owner Occupied HU | 8,920 (36.0%) |
| Renter Occupied HU | 14,042 (56.7%) |
| Vacant Housing Units | 1,788 ( 7.2%) |
| Median Home Value | $780,746 |
| Average Home Value | $900,216 |
Housing Distribution
Address Breakdown
Residential
23,582
Single Family
16,053
Multi-Family
7,529
Businesses
1,569
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Listed by: Vartaz Minassian • RE/MAX of Santa Clarita
Mls Name: CRMLS
Mls ID: #SR25259493