518 S Forest AveSanta AnaCA92703
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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 Santa Ana at 518 S Forest Ave, Santa Ana, CA, 92703 generates $4,402/mo in rent, after a $3,916/mo payment. Total monthly income is $4,402/mo. Return on cash invested sits at 17.56% in year one, and rental yield is 6.6% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 90.24% and total cumulative return in cash sums $237,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,402/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,772 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92703, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 6,488 (46.4%) |
| Renter Occupied HU | 7,051 (50.5%) |
| Vacant Housing Units | 429 ( 3.1%) |
| Median Home Value | $629,303 |
| Average Home Value | $638,125 |
Housing Distribution
Address Breakdown
Residential
14,117
Single Family
11,338
Multi-Family
2,779
Businesses
1,108
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Listed by: Jordan Wang • Keller Williams Realty Irvine
Mls Name: CRMLS
Mls ID: #PW25190224