3378 Merida LnBreaCA92823
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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
Investment Highlights
Investment property for sale in Brea at 3378 Merida Ln, Brea, CA, 92823 offers a 6.74% rental yield on a $750,000 purchase with $4,213/mo rent. 98% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 92.5% and total cumulative return in cash at $228,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,213/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92823, Brea, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,540 (70.8%) |
| Renter Occupied HU | 544 (25.0%) |
| Vacant Housing Units | 92 ( 4.2%) |
| Median Home Value | $1,225,131 |
| Average Home Value | $1,251,448 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
1,873
Multi-Family
292
Businesses
55
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Listed by: Alex Horowitz • Coldwell Banker Diamond
Mls Name: CRMLS
Mls ID: #PW25224479