36 Elksford Ave #4IrvineCA92604
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 36 Elksford Ave #4, Irvine, CA, 92604 in Irvine: $5,026/mo in rent, $507/mo in net income, 9.01% gross yield, 1.67 DSCR, all at $669,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $184,832 in appreciation and $6,162/yr in principal paydown projects total cumulative return of $287,974.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.1% |
| Monthly Cash Flow | $507 | $300 |
City averages based on Irvine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,026 |
| Total Monthly Debt Service | $4,252 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1971
1,100 sqft lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92604, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 6,169 (58.3%) |
| Renter Occupied HU | 4,019 (38.0%) |
| Vacant Housing Units | 396 ( 3.7%) |
| Median Home Value | $1,078,776 |
| Average Home Value | $1,078,085 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
7,621
Multi-Family
2,316
Businesses
613
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
Single Family
Built in 1971
1,100 sqft lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92604, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 6,169 (58.3%) |
| Renter Occupied HU | 4,019 (38.0%) |
| Vacant Housing Units | 396 ( 3.7%) |
| Median Home Value | $1,078,776 |
| Average Home Value | $1,078,085 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
7,621
Multi-Family
2,316
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices