420 Monterey Ln #R16San ClementeCA92672
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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 San Clemente at 420 Monterey Ln #R16, San Clemente, CA, 92672 generates $3,467/mo in rent, after a $6,754/mo payment. Total monthly income is $3,467/mo. Return on cash invested sits at 6.76% in year one, and rental yield is 3.02% on a $1,379,900 entry. Equity gained on principal adds $8,904/yr, while 5% annual appreciation builds toward $381,241 over five years. Five-year ROI reaches 32.25% and total cumulative return in cash sums $144,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,467/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92672, San Clemente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,436 (100%) |
| Owner Occupied HU | 7,597 (43.6%) |
| Renter Occupied HU | 7,886 (45.2%) |
| Vacant Housing Units | 1,953 (11.2%) |
| Median Home Value | $1,510,683 |
| Average Home Value | $1,527,831 |
Housing Distribution
Address Breakdown
Residential
17,065
Single Family
13,709
Multi-Family
3,356
Businesses
1,348
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Listed by: Devan Bond • Premier Agent Network
Mls Name: CRMLS
Mls ID: #OC25225218