720 N Lacy St ESanta AnaCA92701
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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 Santa Ana at 720 N Lacy St E, Santa Ana, CA, 92701 offers a 8.58% rental yield on a $265,000 purchase with $1,895/mo rent. Total monthly income registers $1,895/mo, and a $1,297/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,068/yr on $87,848 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 121.58% and total cumulative return in cash at $106,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,895/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
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Listed by: Maria Fernandez • Sunrise Realty & Home Loan
Mls Name: CRMLS
Mls ID: #DW25274079