692 N Adele St SPACE 89OrangeCA92867
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 692 N Adele St SPACE 89, Orange, CA, 92867 in Orange. Priced at $245,900, it generates $4,550/mo in gross rent and $3,029/mo in net monthly cash flow, a 22.21% yield that comfortably supports the 4.11 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $36,351. Five-year appreciation: $67,938. Equity from principal paydown: $2,265/yr. Total projected cumulative return: $288,155.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.2% | 5.2% |
| Monthly Cash Flow | $3,029 | $1,200 |
City averages based on Orange market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,550 |
| Total Monthly Debt Service | $1,423 |
| DSCR Ratio | 3.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92867, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,933 (100%) |
| Owner Occupied HU | 8,794 (63.1%) |
| Renter Occupied HU | 4,729 (33.9%) |
| Vacant Housing Units | 410 ( 2.9%) |
| Median Home Value | $1,033,509 |
| Average Home Value | $1,123,645 |
Housing Distribution
Address Breakdown
Residential
13,955
Single Family
12,620
Multi-Family
1,335
Businesses
2,317
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
Manufactured
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92867, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,933 (100%) |
| Owner Occupied HU | 8,794 (63.1%) |
| Renter Occupied HU | 4,729 (33.9%) |
| Vacant Housing Units | 410 ( 2.9%) |
| Median Home Value | $1,033,509 |
| Average Home Value | $1,123,645 |
Housing Distribution
Address Breakdown
Residential
13,955
Single Family
12,620
Multi-Family
1,335
Businesses
2,317
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices