331 Mayflower DrNewport BeachCA92660
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 331 Mayflower Dr, Newport Beach, CA, 92660 in Newport Beach. Priced at $559,000, it generates $8,941/mo in gross rent and $5,483/mo in net monthly cash flow, a 19.19% yield that comfortably supports the 3.56 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $65,797. Five-year appreciation: $154,441. Equity from principal paydown: $5,148/yr. Total projected cumulative return: $564,753.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.2% | 5.5% |
| Monthly Cash Flow | $5,483 | $3,000 |
City averages based on Newport Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,941 |
| Total Monthly Debt Service | $3,236 |
| DSCR Ratio | 2.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92660, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,142 (100%) |
| Owner Occupied HU | 8,382 (46.2%) |
| Renter Occupied HU | 8,058 (44.4%) |
| Vacant Housing Units | 1,702 ( 9.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,834,242 |
Housing Distribution
Address Breakdown
Residential
16,761
Single Family
12,051
Multi-Family
4,710
Businesses
3,322
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
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92660, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,142 (100%) |
| Owner Occupied HU | 8,382 (46.2%) |
| Renter Occupied HU | 8,058 (44.4%) |
| Vacant Housing Units | 1,702 ( 9.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,834,242 |
Housing Distribution
Address Breakdown
Residential
16,761
Single Family
12,051
Multi-Family
4,710
Businesses
3,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices