7652 Garfield Ave SPACE 15Huntington BeachCA92648
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7652 Garfield Ave SPACE 15, Huntington Beach, CA, 92648 in Huntington Beach at $229,000 earns $1,588/mo in rent and nets $171/mo after the $1,030/mo payment, a 8.32% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,268 over five years. Ziffy Mortgage underwrites this on a 1.54 DSCR without U.S. credit history. With $2,109/yr in principal paydown, total projected return reaches $97,890.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.5% |
| Monthly Cash Flow | $171 | $300 |
City averages based on Huntington Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,588 |
| Total Monthly Debt Service | $1,326 |
| DSCR Ratio | 1.20x |
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 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92648, Huntington Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,931 (100%) |
| Owner Occupied HU | 9,644 (46.1%) |
| Renter Occupied HU | 9,918 (47.4%) |
| Vacant Housing Units | 1,369 ( 6.5%) |
| Median Home Value | $1,378,256 |
| Average Home Value | $1,412,021 |
Housing Distribution
Address Breakdown
Residential
21,474
Single Family
13,603
Multi-Family
7,871
Businesses
1,820
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 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92648, Huntington Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,931 (100%) |
| Owner Occupied HU | 9,644 (46.1%) |
| Renter Occupied HU | 9,918 (47.4%) |
| Vacant Housing Units | 1,369 ( 6.5%) |
| Median Home Value | $1,378,256 |
| Average Home Value | $1,412,021 |
Housing Distribution
Address Breakdown
Residential
21,474
Single Family
13,603
Multi-Family
7,871
Businesses
1,820
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Fairchild • Premiere Choice Mfd Housing
Mls Name: My State MLS
Mls ID: #11583640