33371 Cheltam Way #1Dana PointCA92629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 33371 Cheltam Way #1, Dana Point, CA, 92629 in Dana Point deserves attention. This $850,000 property earns $8,189/mo in rent, a 11.56% gross yield, and nets $2,931/mo after the $3,822/mo payment. DSCR 2.14 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $234,839 compounds alongside $7,829/yr in yearly equity build, for a total cumulative return of $510,934.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.0% |
| Monthly Cash Flow | $2,931 | $1,500 |
City averages based on Dana Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,189 |
| Total Monthly Debt Service | $4,920 |
| DSCR Ratio | 1.66x |
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.
Condo
Built in 1976
2,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92629, Dana Point, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,868
Single Family
11,943
Multi-Family
925
Businesses
1,072
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
Condo
Built in 1976
2,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92629, Dana Point, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,868
Single Family
11,943
Multi-Family
925
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices