3247 Watermarke Pl, Irvine, CA, 92612 | 5.88% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3247 Watermarke Pl, Irvine, CA, 92612 | 5.88% Rental Yield | 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

Rental property for sale in Irvine at 3247 Watermarke Pl, Irvine, CA, 92612 generates $3,432/mo in rent, after a $3,426/mo payment. Total monthly income is $3,432/mo. Return on cash invested sits at 15.38% in year one, and rental yield is 5.88% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 78.51% and total cumulative return in cash sums $180,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,432/mo property income rather than buyer’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to one of the most beautifully upgraded residences in the highly sought-after Watermarke Community. This stunning Dorchester model is the largest one-bedroom floor plan, featuring a versatile den with French doors that open to a spacious private balcony and the rare convenience of two dedicated parking spaces. The unit is thoughtfully upgraded with top-of-the-line stainless steel appliances, rich wood flooring in the entry and kitchen, high-end designer carpet, custom window coverings, LED lighting, custom paint, and new washer and dryer. Located just minutes from world-class shopping, the finest beaches in Orange County, John Wayne Airport, UCI, and major freeways, Watermarke offers an unmatched resort-style lifestyle with amenities including concierge service, a state-of-the-art clubhouse with a movie theater, library, business center, and game rooms, a 24-hour fitness center, three pools (including a year-round heated Junior Olympic pool), four cabanas, a covered basketball court, three tennis courts, and a childrens playground. Experience resort-style living at its finest!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92612, Irvine, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,591 (100%)
Owner Occupied HU	4,561 (25.9%)
Renter Occupied HU	11,042 (62.8%)
Vacant Housing Units	1,988 (11.3%)
Median Home Value	$1,069,756
Average Home Value	$1,221,478