67 Sea Island DrNewport BeachCA92660
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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 Newport Beach at 67 Sea Island Dr, Newport Beach, CA, 92660 earns from $5,264/mo rent with a $8,223/mo payment. Total monthly income totals $5,264/mo. ROI tracks 9.06% on current figures, and rental yield reads 3.76% at a $1,680,000 purchase. Equity gained on principal adds $10,841/yr, and 5% annual appreciation supports $464,153 over five years. Five-year ROI reaches 44.57% and total cumulative return in cash sums $242,608. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,264/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92660, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,142 (100%) |
| Owner Occupied HU | 8,382 (46.2%) |
| Renter Occupied HU | 8,058 (44.4%) |
| Vacant Housing Units | 1,702 ( 9.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,834,242 |
Housing Distribution
Address Breakdown
Residential
16,761
Single Family
12,051
Multi-Family
4,710
Businesses
3,322
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Listed by: Michael Hunnewell • Alta Realty
Mls Name: CRMLS
Mls ID: #NP26017636