50 Avenida MeridaSan ClementeCA92673
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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 50 Avenida Merida, San Clemente, CA, 92673 priced at $1,485,000 converts $7,096/mo rent into after a $7,268/mo obligation. Total monthly income equals $7,096/mo. Return on cash invested prints 15.16% in year one, and rental yield reads 5.73% against a $1,485,000 entry. Equity gained on principal adds $9,582/yr, while 5% annual appreciation compiles into $410,278 by year five. Five-year ROI reaches 77.25% and total cumulative return in cash sums $371,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,096/mo property income covering a $7,268/mo payment, not borrower’s personal income.
Single Family
Built in 2002
3,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92673, San Clemente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,354 (100%) |
| Owner Occupied HU | 7,875 (76.1%) |
| Renter Occupied HU | 2,133 (20.6%) |
| Vacant Housing Units | 346 ( 3.3%) |
| Median Home Value | $1,396,840 |
| Average Home Value | $1,454,091 |
Housing Distribution
Address Breakdown
Residential
10,348
Single Family
9,608
Multi-Family
740
Businesses
1,105
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Listed by: Phil Shinners • Redfin
Mls Name: CRMLS
Mls ID: #OC25183751