632 E La Veta AveOrangeCA92866
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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 Orange at 632 E La Veta Ave, Orange, CA, 92866 priced at $1,395,000 converts $6,338/mo rent into after a $6,828/mo obligation. Total monthly income equals $6,338/mo. Return on cash invested prints 14.28% in year one, and rental yield reads 5.45% against a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation compiles into $385,413 by year five. Five-year ROI reaches 72.59% and total cumulative return in cash sums $328,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,338/mo property income covering a $6,828/mo payment, not borrower’s personal income.
Single Family
Built in 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92866, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,158 (100%) |
| Owner Occupied HU | 2,131 (34.6%) |
| Renter Occupied HU | 3,769 (61.2%) |
| Vacant Housing Units | 258 ( 4.2%) |
| Median Home Value | $948,997 |
| Average Home Value | $1,112,473 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
4,702
Multi-Family
1,236
Businesses
608
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Listed by: Cheryl Linares • HomeSmart Realty West
Mls Name: CRMLS
Mls ID: #SW25196277