521 W Memory LnSanta AnaCA92706
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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 521 W Memory Ln, Santa Ana, CA, 92706 priced at $1,459,000 converts $5,863/mo rent into after a $7,141/mo obligation. Total monthly income equals $5,863/mo. Return on cash invested prints 12.34% in year one, and rental yield reads 4.82% against a $1,459,000 entry. Equity gained on principal adds $9,415/yr, while 5% annual appreciation compiles into $403,095 by year five. Five-year ROI reaches 62.16% and total cumulative return in cash sums $293,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,863/mo property income covering a $7,141/mo payment, not borrower’s personal income.
Single Family
Built in 1962
9,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92706, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,538 (100%) |
| Owner Occupied HU | 4,832 (50.7%) |
| Renter Occupied HU | 4,476 (46.9%) |
| Vacant Housing Units | 230 ( 2.4%) |
| Median Home Value | $913,987 |
| Average Home Value | $1,030,227 |
Housing Distribution
Address Breakdown
Residential
9,887
Single Family
7,485
Multi-Family
2,402
Businesses
738
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Listed by: Dwayne Dionne • Orange County, REALTORS
Mls Name: CRMLS
Mls ID: #PW25236637