








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 Costa Mesa at 345 Avocado St #D5, Costa Mesa, CA, 92627 offers a 7.45% rental yield on a $539,000 purchase with $3,347/mo rent. Total monthly income registers $3,347/mo, and a $2,638/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $153/yr on $177,331 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $3,478/yr while 5% annual appreciation supports $148,916 over five years. Portfolio math shows five-year ROI at 104.08% and total cumulative return in cash at $184,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,347/mo property income against a $2,638/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,560 (100%) |
| Owner Occupied HU | 8,601 (35.0%) |
| Renter Occupied HU | 14,785 (60.2%) |
| Vacant Housing Units | 1,174 ( 4.8%) |
| Median Home Value | $1,149,319 |
| Average Home Value | $1,200,235 |
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeremy Grinder • Compass
Mls Name: CRMLS
Mls ID: #PW25165935