700 W La Veta Ave UNIT T4OrangeCA92868
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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 Orange at 700 W La Veta Ave UNIT T4, Orange, CA, 92868 earns $122/mo cash flow from $3,246/mo rent with a $2,472/mo payment. Total monthly income totals $3,246/mo, and annual cash flow totals $1,460/yr on $166,145 capital. ROI tracks 20.94% on current figures, and rental yield reads 7.71% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 108.34% and total cumulative return in cash sums $179,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,246/mo property income instead of your personal income.
Condo
Built in 1972
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92868, Orange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,084 (100%) |
| Owner Occupied HU | 2,647 (26.2%) |
| Renter Occupied HU | 6,842 (67.9%) |
| Vacant Housing Units | 595 ( 5.9%) |
| Median Home Value | $829,438 |
| Average Home Value | $934,282 |
Housing Distribution
Address Breakdown
Residential
9,917
Single Family
6,497
Multi-Family
3,420
Businesses
1,976
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Listed by: Chris Diaz • Redfin Corporation
Mls Name: CRMLS
Mls ID: #PW25248790