613 Lakeview Ln #17Costa MesaCA92626
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.63% yield at 613 Lakeview Ln #17, Costa Mesa, CA, 92626 in Costa Mesa is solid, but the $3,665/mo payment compresses net cash flow to $143/mo at $815,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $225,169 by year five, and $7,506/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.41) without U.S. income documentation. Total projected return: $318,253.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.0% |
| Monthly Cash Flow | $143 | $300 |
City averages based on Costa Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,185 |
| Total Monthly Debt Service | $4,717 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1974
8.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92626, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,117 (100%) |
| Owner Occupied HU | 8,243 (39.0%) |
| Renter Occupied HU | 11,814 (55.9%) |
| Vacant Housing Units | 1,060 ( 5.0%) |
| Median Home Value | $1,147,569 |
| Average Home Value | $1,203,260 |
Housing Distribution
Address Breakdown
Residential
20,900
Single Family
14,491
Multi-Family
6,409
Businesses
3,391
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
Townhouse
Built in 1974
8.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92626, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,117 (100%) |
| Owner Occupied HU | 8,243 (39.0%) |
| Renter Occupied HU | 11,814 (55.9%) |
| Vacant Housing Units | 1,060 ( 5.0%) |
| Median Home Value | $1,147,569 |
| Average Home Value | $1,203,260 |
Housing Distribution
Address Breakdown
Residential
20,900
Single Family
14,491
Multi-Family
6,409
Businesses
3,391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stella Guild • SunCoast Real Estate Group
Mls Name: CRMLS
Mls ID: #OC25179728