39304 Flamingo Bay Ln #CMurrietaCA92563
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.51 makes 39304 Flamingo Bay Ln #C, Murrieta, CA, 92563 in Murrieta one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.16%. The 8.16% yield, 5% annual appreciation ($113,275 over five years), and $3,776/yr in principal reduction project a total cumulative return of $152,033.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(75) | $300 |
City averages based on Murrieta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,786 |
| Total Monthly Debt Service | $2,698 |
| DSCR Ratio | 1.03x |
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 2003
480 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92563, Murrieta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,748 (100%) |
| Owner Occupied HU | 17,170 (72.3%) |
| Renter Occupied HU | 5,754 (24.2%) |
| Vacant Housing Units | 824 ( 3.5%) |
| Median Home Value | $653,272 |
| Average Home Value | $692,437 |
Housing Distribution
Address Breakdown
Residential
22,985
Single Family
22,110
Multi-Family
875
Businesses
899
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 2003
480 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92563, Murrieta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,748 (100%) |
| Owner Occupied HU | 17,170 (72.3%) |
| Renter Occupied HU | 5,754 (24.2%) |
| Vacant Housing Units | 824 ( 3.5%) |
| Median Home Value | $653,272 |
| Average Home Value | $692,437 |
Housing Distribution
Address Breakdown
Residential
22,985
Single Family
22,110
Multi-Family
875
Businesses
899
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices