418 W Carol AveSanta AnaCA92707
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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
Rental property for sale in Santa Ana at 418 W Carol Ave, Santa Ana, CA, 92707 priced at $849,000 converts $4,832/mo rent into after a $4,155/mo obligation. Total monthly income equals $4,832/mo. Return on cash invested prints 18.26% in year one, and rental yield reads 6.83% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 93.95% and total cumulative return in cash sums $262,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,832/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1971
6,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92707, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,900 (100%) |
| Owner Occupied HU | 6,942 (49.9%) |
| Renter Occupied HU | 6,562 (47.2%) |
| Vacant Housing Units | 396 ( 2.8%) |
| Median Home Value | $684,761 |
| Average Home Value | $765,144 |
Housing Distribution
Address Breakdown
Residential
13,717
Single Family
10,662
Multi-Family
3,055
Businesses
1,422
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Listed by: RODRIGO MELGOZA • CENTURY 21 REALTY MASTERS
Mls Name: CRMLS
Mls ID: #MB25272623