53 Bay LaurelIrvineCA92620
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
Total monthly income runs $5,444/mo, and a $6,356/mo payment. Purchase price stands at $1,298,500, and rental yield measures 5.03% with $5,444/mo rent. Return on cash invested shows 12.98% in year one, and 5% annual appreciation builds toward $358,752 over five years. Five-year ROI reaches 65.61% and total cumulative return in cash records $276,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,444/mo property income covering a $6,356/mo payment rather than investor’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92620, Irvine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,528 (100%) |
| Owner Occupied HU | 12,258 (52.1%) |
| Renter Occupied HU | 10,010 (42.5%) |
| Vacant Housing Units | 1,260 ( 5.4%) |
| Median Home Value | $1,318,588 |
| Average Home Value | $1,338,956 |
Housing Distribution
Address Breakdown
Residential
22,620
Single Family
18,108
Multi-Family
4,512
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irene Zhang • Keller Williams Realty Irvine
Mls Name: CRMLS
Mls ID: #OC25154371