361 Bayside CtCosta MesaCA92627
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 361 Bayside Ct, Costa Mesa, CA, 92627 in Costa Mesa. At $1,588,000 it earns $10,878/mo in rent and distributes $819/mo to the owner after the $7,141/mo payment, a consistent 8.22% yield. DSCR 1.52 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $438,735 in value; $14,626/yr in principal paydown compounds ownership stake. Total projected return: $655,846.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.0% |
| Monthly Cash Flow | $819 | $300 |
City averages based on Costa Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,878 |
| Total Monthly Debt Service | $9,427 |
| DSCR Ratio | 1.15x |
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 2012
3,267 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
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 2012
3,267 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices