32 SpinnakerIrvineCA92614
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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
Investment property for sale in Irvine at 32 Spinnaker, Irvine, CA, 92614 offers a 4.96% rental yield on a $1,238,000 purchase with $5,113/mo rent. 76% in year one. Equity gained on principal adds $7,989/yr while 5% annual appreciation supports $342,037 over five years. Portfolio math shows five-year ROI at 64.38% and total cumulative return in cash at $258,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,113/mo property income against a $6,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92614, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,901 (100%) |
| Owner Occupied HU | 4,520 (32.5%) |
| Renter Occupied HU | 8,211 (59.1%) |
| Vacant Housing Units | 1,170 ( 8.4%) |
| Median Home Value | $1,121,283 |
| Average Home Value | $1,165,840 |
Housing Distribution
Address Breakdown
Residential
12,693
Single Family
9,846
Multi-Family
2,847
Businesses
2,371
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Listed by: David Lee • Re-Crown Group Inc.
Mls Name: CRMLS
Mls ID: #OC25282418