628 Cardiff ReefCosta MesaCA92627
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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 Costa Mesa at 628 Cardiff Reef, Costa Mesa, CA, 92627 earns from $7,260/mo rent with a $9,275/mo payment. Total monthly income totals $7,260/mo. ROI tracks 11.65% on current figures, and rental yield reads 4.6% at a $1,895,000 purchase. Equity gained on principal adds $12,228/yr, and 5% annual appreciation supports $523,554 over five years. Five-year ROI reaches 58.44% and total cumulative return in cash sums $358,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,260/mo property income instead of your personal income.
Condo
Built in 2019
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,560 (100%) |
| Owner Occupied HU | 8,601 (35.0%) |
| Renter Occupied HU | 14,785 (60.2%) |
| Vacant Housing Units | 1,174 ( 4.8%) |
| Median Home Value | $1,149,319 |
| Average Home Value | $1,200,235 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
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Listed by: Tony Regazzi • Keller Williams Rlty Whittier
Mls Name: CRMLS
Mls ID: #DW25174146