7 SilktasselRancho Santa MargaritaCA92688
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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 Rancho Santa Margarita at 7 Silktassel, Rancho Santa Margarita, CA, 92688 offers $3,542/mo rent that, after a $2,589/mo payment, leaves $270/mo cash flow. Total monthly income is $3,542/mo, and annual cash flow is $3,236/yr on $174,041 cash. Return on cash invested measures 21.92% in year one, and rental yield stands at 8.03% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 113.59% and total cumulative return in cash reaches $197,693. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,542/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1989
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92688, Rancho Santa Margarita, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,526 (100%) |
| Owner Occupied HU | 10,561 (63.9%) |
| Renter Occupied HU | 5,566 (33.7%) |
| Vacant Housing Units | 399 ( 2.4%) |
| Median Home Value | $930,906 |
| Average Home Value | $973,976 |
Housing Distribution
Address Breakdown
Residential
16,240
Single Family
13,373
Multi-Family
2,867
Businesses
991
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Listed by: Dawn Anderson • Midas Realty Group
Mls Name: CRMLS
Mls ID: #OC25279544