616 Narcissus Ave #1/2Corona Del MarCA92625
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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 Corona Del Mar at 616 Narcissus Ave #1/2, Corona Del Mar, CA, 92625 offers a 3.85% rental yield on a $1,999,999 purchase with $6,417/mo rent. 34% in year one. Equity gained on principal adds $12,906/yr while 5% annual appreciation supports $552,563 over five years. Portfolio math shows five-year ROI at 46.07% and total cumulative return in cash at $298,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,417/mo property income against a $9,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92625, Corona Del Mar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,328 (100%) |
| Owner Occupied HU | 3,642 (57.6%) |
| Renter Occupied HU | 1,880 (29.7%) |
| Vacant Housing Units | 806 (12.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,991,255 |
Housing Distribution
Address Breakdown
Residential
6,597
Single Family
6,196
Multi-Family
401
Businesses
592
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Listed by: Steven "Bud" Mastropaolo • eXp Realty of Southern Ca, Inc
Mls Name: CRMLS
Mls ID: #NP25269044