7652 Garfield Ave SPACE 19Huntington BeachCA92648
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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 Huntington Beach at 7652 Garfield Ave SPACE 19, Huntington Beach, CA, 92648 uses $102,434 cash to close to unlock $2,554/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $2,124/mo, and a $1,512/mo payment keeps the spread at $213/mo. Purchase price stands at $309,000, and rental yield measures 8.25% with $2,124/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 116.19% and total cumulative return in cash records $119,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,124/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
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
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Listed by: Michelle Fairchild • Premiere Choice Mfd Housing
Mls Name: My State MLS
Mls ID: #11586110