7002 Citron Ln, Cypress, CA, 90630 | 4.35% Rental Yield

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7002 Citron Ln, Cypress, CA, 90630 | 4.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cypress at 7002 Citron Ln, Cypress, CA, 90630 generates $3,262/mo in rent, after a $4,400/mo payment. Total monthly income is $3,262/mo. Return on cash invested sits at 10.73% in year one, and rental yield is 4.35% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 53.59% and total cumulative return in cash sums $158,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,262/mo property income rather than buyer’s personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

No HOA

More details about the property

Elegant Single-Level Townhome in Citrus Square, a brand-newer collection of attached homes located in the highly desirable city of Cypress for those age 62 and better. This model boasts Two Bedrooms & Two Bathrooms: Generously sized, with a walk-in closet in the primary bedroom. - Spacious Great Room: Ideal for entertaining and relaxation. Charming Front Porch to enjoy the beautiful California weather in your own private outdoor space and a sizable indoor laundry room and the convenience of a direct access two-car garage. The community offers a range of amenities designed for an active and engaging lifestyle. These include a fitness room, a business center, and a demonstration kitchen for culinary exploration. Outdoor enthusiasts will appreciate the pickleball and bocce ball courts, as well as a pool, spa, and numerous areas for relaxation and socializing scattered throughout the community. Situated in Cypress, CA, Citrus Square is perfectly positioned for easy access to parks, shopping, dining, and recreational activities making it an effortless choice for your new home. This community represents a unique opportunity for those seeking a luxurious, comfortable, and convenient lifestyle in Orange County.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90630, Cypress, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,697 (100%)
Owner Occupied HU	10,923 (65.4%)
Renter Occupied HU	5,440 (32.6%)
Vacant Housing Units	334 ( 2.0%)
Median Home Value	$907,535
Average Home Value	$969,897