6432 Myrtle DrHuntington BeachCA92647
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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 Huntington Beach at 6432 Myrtle Dr, Huntington Beach, CA, 92647 generates $5,291/mo in rent, after a $6,843/mo payment. Total monthly income is $5,291/mo. Return on cash invested sits at 11.47% in year one, and rental yield is 4.54% on a $1,398,000 entry. Equity gained on principal adds $9,021/yr, while 5% annual appreciation builds toward $386,242 over five years. Five-year ROI reaches 57.51% and total cumulative return in cash sums $260,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,291/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
5,952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92647, Huntington Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,276 (100%) |
| Owner Occupied HU | 9,830 (42.2%) |
| Renter Occupied HU | 12,660 (54.4%) |
| Vacant Housing Units | 786 ( 3.4%) |
| Median Home Value | $987,428 |
| Average Home Value | $1,032,618 |
Housing Distribution
Address Breakdown
Residential
22,284
Single Family
17,356
Multi-Family
4,928
Businesses
2,719
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Listed by: Christina Portugal • Re/Max Top Producers
Mls Name: CRMLS
Mls ID: #PW25190687