581 Patten AvePlacentiaCA92870
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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 Placentia at 581 Patten Ave, Placentia, CA, 92870 priced at $1,598,000 converts $7,099/mo rent into after a $7,821/mo obligation. Total monthly income equals $7,099/mo. Return on cash invested prints 13.91% in year one, and rental yield reads 5.33% against a $1,598,000 entry. Equity gained on principal adds $10,312/yr, while 5% annual appreciation compiles into $441,498 by year five. Five-year ROI reaches 70.58% and total cumulative return in cash sums $365,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,099/mo property income covering a $7,821/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92870, Placentia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 10,947 (60.2%) |
| Renter Occupied HU | 6,717 (36.9%) |
| Vacant Housing Units | 519 ( 2.9%) |
| Median Home Value | $938,079 |
| Average Home Value | $998,754 |
Housing Distribution
Address Breakdown
Residential
17,810
Single Family
15,727
Multi-Family
2,083
Businesses
1,331
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Listed by: Chien-Jing Hsiao • Real Broker
Mls Name: CRMLS
Mls ID: #OC26012926