653 Longhorn WayLadera RanchCA92694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ladera Ranch at 653 Longhorn Way, Ladera Ranch, CA, 92694 offers $7,046/mo rent that, after a $5,624/mo payment. Total monthly income is $7,046/mo. Return on cash invested measures 20.17% in year one, and rental yield stands at 7.36% at a $1,149,000 entry. Equity gained on principal adds $7,414/yr while 5% annual appreciation compounds into $317,448 by year five. Five-year ROI records 104.13% and total cumulative return in cash reaches $387,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,046/mo property income versus a $5,624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
2,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92694, Ladera Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,491 (100%) |
| Owner Occupied HU | 8,776 (70.3%) |
| Renter Occupied HU | 3,093 (24.8%) |
| Vacant Housing Units | 622 ( 5.0%) |
| Median Home Value | $1,238,127 |
| Average Home Value | $1,295,831 |
Housing Distribution
Address Breakdown
Residential
13,707
Single Family
12,121
Multi-Family
1,586
Businesses
366
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Listed by: Martin Mania • Keller Williams OC Luxury Realty
Mls Name: CRMLS
Mls ID: #OC25199550