5 LocustIrvineCA92604
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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 5 Locust, Irvine, CA, 92604 priced at $1,098,000 pairs $5,034/mo rent with after a $5,374/mo payment. Total monthly income equals $5,034/mo. Return on cash invested is 14.44% in year one, and rental yield stands at 5.5% on a $1,098,000 basis. Equity gained on principal adds $7,085/yr, and 5% annual appreciation accumulates to $303,357 by year five. Five-year ROI measures 73.41% and total cumulative return in cash reaches $261,148. For financing, Ziffy Mortgage’s DSCR program evaluates $5,034/mo property income against a $5,374/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1975
2,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92604, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 6,169 (58.3%) |
| Renter Occupied HU | 4,019 (38.0%) |
| Vacant Housing Units | 396 ( 3.7%) |
| Median Home Value | $1,078,776 |
| Average Home Value | $1,078,085 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
7,621
Multi-Family
2,316
Businesses
613
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Listed by: Stephanie Gutierrez • HT Real Estate Investments Inc
Mls Name: CRMLS
Mls ID: #PW25173085