6 Teramo CtNewport CoastCA92657
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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 Newport Coast at 6 Teramo Ct, Newport Coast, CA, 92657 priced at $1,299,900 pairs $6,439/mo rent with after a $6,362/mo payment. Total monthly income equals $6,439/mo. Return on cash invested is 15.81% in year one, and rental yield stands at 5.94% on a $1,299,900 basis. Equity gained on principal adds $8,388/yr, and 5% annual appreciation accumulates to $359,138 by year five. Five-year ROI measures 80.73% and total cumulative return in cash reaches $340,004. For financing, Ziffy Mortgage’s DSCR program evaluates $6,439/mo property income against a $6,362/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1994
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92657, Newport Coast, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 2,681 (64.2%) |
| Renter Occupied HU | 1,062 (25.4%) |
| Vacant Housing Units | 436 (10.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,922,088 |
Housing Distribution
Address Breakdown
Residential
4,691
Single Family
3,396
Multi-Family
1,295
Businesses
83
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Listed by: Ines Negrete • Regency Real Estate Brokers
Mls Name: CRMLS
Mls ID: #OC25198222