58 Beach DrNewport BeachCA92663
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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
Investment property for sale in Newport Beach at 58 Beach Dr, Newport Beach, CA, 92663 offers a 3.89% rental yield on a $1,680,000 purchase with $5,441/mo rent. 45% in year one. Equity gained on principal adds $10,841/yr while 5% annual appreciation supports $464,153 over five years. Portfolio math shows five-year ROI at 46.67% and total cumulative return in cash at $254,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,441/mo property income against a $8,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92663, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,581 (100%) |
| Owner Occupied HU | 4,409 (38.1%) |
| Renter Occupied HU | 5,226 (45.1%) |
| Vacant Housing Units | 1,946 (16.8%) |
| Median Home Value | $1,827,685 |
| Average Home Value | $1,633,620 |
Housing Distribution
Address Breakdown
Residential
11,565
Single Family
8,093
Multi-Family
3,472
Businesses
1,521
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Listed by: JAMES MONKS • Tower Agency
Mls Name: CRMLS
Mls ID: #IV26004309