616-618 S Van Ness AveSanta AnaCA92701
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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 Santa Ana at 616-618 S Van Ness Ave, Santa Ana, CA, 92701 projects strong ROI of 3.09%. Rental yield 1.82%. With 5% annual appreciation, the property builds $849,566 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.55%, translating into $125,005 in total cumulative return on $996,300 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1924
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
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Listed by: Johnny Chang • Johnny Chang Broker
Mls Name: CRMLS
Mls ID: #OC25188455