49 CanalIrvineCA92620
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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 Irvine at 49 Canal, Irvine, CA, 92620 priced at $1,228,000 pairs $4,362/mo rent with after a $6,010/mo payment. Total monthly income equals $4,362/mo. Return on cash invested is 10.62% in year one, and rental yield stands at 4.26% on a $1,228,000 basis. Equity gained on principal adds $7,924/yr, and 5% annual appreciation accumulates to $339,274 by year five. Five-year ROI measures 52.9% and total cumulative return in cash reaches $210,474. For financing, Ziffy Mortgage’s DSCR program evaluates $4,362/mo property income against a $6,010/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
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Listed by: Joyce Lin • Coldwell Banker Platinum Prop.
Mls Name: CRMLS
Mls ID: #PW25259783