514 W Balboa BlvdNewport BeachCA92661
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Newport Beach at 514 W Balboa Blvd, Newport Beach, CA, 92661 projects strong ROI of 5.2%. Rental yield 2.49%. With 5% annual appreciation, the property builds $882,720 in value over five years. Equity growth combined delivers a projected five-year ROI of 40.63%, translating into $366,727 in total cumulative return on $902,588 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.5% |
| Monthly Cash Flow | $(13,126) | $3,000 |
City averages based on Newport Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,638 |
| Total Monthly Debt Service | $18,494 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1964
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
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
Multi Family
Built in 1964
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92661, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,494 (100%) |
| Owner Occupied HU | 787 (31.6%) |
| Renter Occupied HU | 891 (35.7%) |
| Vacant Housing Units | 816 (32.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,929,638 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,116
Multi-Family
287
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Levon Nargizyan • Home Port Real Estate Inc.
Mls Name: CRMLS
Mls ID: #SR25278723