3233 Larkspur StTustinCA92782
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3233 Larkspur St, Tustin, CA, 92782 in Tustin is capital appreciation. Rental yield 5.27%. The 5.27% gross yield at $1,275,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $352,259 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.98) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $336,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.0% |
| Monthly Cash Flow | $(2,707) | $300 |
City averages based on Tustin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,600 |
| Total Monthly Debt Service | $7,380 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92782, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,659 (57.1%) |
| Renter Occupied HU | 4,552 (39.0%) |
| Vacant Housing Units | 450 ( 3.9%) |
| Median Home Value | $1,253,612 |
| Average Home Value | $1,308,362 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
7,272
Multi-Family
4,237
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2010
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92782, Tustin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,661 (100%) |
| Owner Occupied HU | 6,659 (57.1%) |
| Renter Occupied HU | 4,552 (39.0%) |
| Vacant Housing Units | 450 ( 3.9%) |
| Median Home Value | $1,253,612 |
| Average Home Value | $1,308,362 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
7,272
Multi-Family
4,237
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #AR26070891