500 Cagney Ln APT 103Newport BeachCA92663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Newport Beach at 500 Cagney Ln APT 103, Newport Beach, CA, 92663 earns from $3,468/mo rent with a $2,936/mo payment. Total monthly income totals $3,468/mo. ROI tracks 18.58% on current figures, and rental yield reads 6.94% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 95.71% and total cumulative return in cash sums $188,908. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,468/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92663, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,581 (100%) |
| Owner Occupied HU | 4,409 (38.1%) |
| Renter Occupied HU | 5,226 (45.1%) |
| Vacant Housing Units | 1,946 (16.8%) |
| Median Home Value | $1,827,685 |
| Average Home Value | $1,633,620 |
Housing Distribution
Address Breakdown
Residential
11,565
Single Family
8,093
Multi-Family
3,472
Businesses
1,521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anita Chandler • Chandler Properties
Mls Name: CRMLS
Mls ID: #OC25239881