511 San Nicholas Ct, Laguna Beach, CA, 92651 | $522/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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511 San Nicholas Ct, Laguna Beach, CA, 92651 | $522/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Laguna Beach at 511 San Nicholas Ct, Laguna Beach, CA, 92651 priced at $935,000 pairs $6,306/mo rent with $522/mo cash flow after a $4,576/mo payment. Total monthly income equals $6,306/mo, and annual cash flow comes to $6,267/yr on $307,615 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 8.09% on a $935,000 basis. Equity gained on principal adds $6,033/yr, and 5% annual appreciation accumulates to $258,323 by year five. Five-year ROI measures 114.55% and total cumulative return in cash reaches $352,364. For financing, Ziffy Mortgage’s DSCR program evaluates $6,306/mo property income against a $4,576/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1986

1.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Close to downtown Laguna Beach, scenic hiking, and major routes connecting to San Clemente, Newport Beach, Irvine, and John Wayne Airport. This one-of-a-kind end-unit townhome, with private entrance, in The Terraces at Canyon Hills offers 3 bedrooms, 2.5 baths, and a fresh interior with full repaint and new flooringmove-in ready and ideal for personal touches. The lower level features soaring vaulted ceilings, skylights, and an open living/dining area anchored by a fireplace. The main-level primary suite includes a walk-in closet, spa-style bath, and direct access to a private patio. Upstairs, two additional bedrooms and a full bath provide flexibility for guests, work, or hobbies. Step outside to a south-facing patio with tranquil greenbelt and hillside views. Additional highlights: two dedicated garages with storage, a new water heater, and community amenities including two pools and spas. Enjoy the Laguna Beach lifestylebeaches, trails, festivals, and diningjust minutes away. The Terraces is FHA and VA approved. Schedule your private tourthis is a rare value in Laguna Beach.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92651, Laguna Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,340 (100%)
Owner Occupied HU	6,667 (50.0%)
Renter Occupied HU	4,381 (32.8%)
Vacant Housing Units	2,292 (17.2%)
Median Home Value	$2,000,001
Average Home Value	$1,848,328