3216 E Ridgeway RdOrangeCA92867
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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 Orange at 3216 E Ridgeway Rd, Orange, CA, 92867 generates $7,456/mo in rent, after a $8,414/mo payment. Total monthly income is $7,456/mo. Return on cash invested sits at 13.52% in year one, and rental yield is 5.2% on a $1,719,000 entry. Equity gained on principal adds $11,092/yr, while 5% annual appreciation builds toward $474,928 over five years. Five-year ROI reaches 68.49% and total cumulative return in cash sums $381,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
8,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92867, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,933 (100%) |
| Owner Occupied HU | 8,794 (63.1%) |
| Renter Occupied HU | 4,729 (33.9%) |
| Vacant Housing Units | 410 ( 2.9%) |
| Median Home Value | $1,033,509 |
| Average Home Value | $1,123,645 |
Housing Distribution
Address Breakdown
Residential
13,955
Single Family
12,620
Multi-Family
1,335
Businesses
2,317
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Listed by: Michael Guerrero • Citivest Realty Services, Inc
Mls Name: CRMLS
Mls ID: #PW25214100