40 Canyon RdgIrvineCA92603
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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 Irvine at 40 Canyon Rdg, Irvine, CA, 92603 earns from $6,569/mo rent with a $9,787/mo payment. Total monthly income totals $6,569/mo. ROI tracks 9.63% on current figures, and rental yield reads 3.94% at a $1,999,500 purchase. Equity gained on principal adds $12,902/yr, and 5% annual appreciation supports $552,425 over five years. Five-year ROI reaches 47.59% and total cumulative return in cash sums $308,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,569/mo property income instead of your personal income.
Condo
Built in 1977
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92603, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,640 (58.1%) |
| Renter Occupied HU | 2,945 (36.9%) |
| Vacant Housing Units | 397 ( 5.0%) |
| Median Home Value | $1,848,428 |
| Average Home Value | $1,751,539 |
Housing Distribution
Address Breakdown
Residential
7,831
Single Family
6,105
Multi-Family
1,726
Businesses
67
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Listed by: Farhad Khosravi • Farhard E. Khosravi, Broker
Mls Name: CRMLS
Mls ID: #PW25257093