








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Dana Point at 33371 Cheltam Way #1, Dana Point, CA, 92629 offers a 11.56% rental yield on a $850,000 purchase with $8,189/mo rent. Total monthly income registers $8,189/mo, and a $4,160/mo payment leaves $2,931/mo available for distribution. Annual cash flow reaches $35,173/yr on $279,650 to close, and return on cash invested stands at 32.64% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 171.07% and total cumulative return in cash at $478,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,189/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
2,733 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 92629, Dana Point, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,363 (100%) |
| Owner Occupied HU | 6,725 (50.3%) |
| Renter Occupied HU | 4,968 (37.2%) |
| Vacant Housing Units | 1,670 (12.5%) |
| Median Home Value | $1,402,984 |
| Average Home Value | $1,493,273 |
Residential
12,868
Single Family
11,943
Multi-Family
925
Businesses
1,072
Date | Event | Price |
|---|---|---|
| 2024-03-07 | Listed for sale | $850,000 |
| 2004-11-02 | Sold | $885,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $5773.12 | 3.81% | $456,292 | 2.00% |
| 2022-08-30 | $5561.00 | 9.60% | $447,346 | 2.00% |
| 2021-08-30 | $5073.90 | 0.69% | $438,575 | 1.04% |



Listed by: Jeffry LaCarre • LaCarre Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #OC24046299
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