7652 Garfield Ave SPACE 57Huntington 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
Rental property for sale in Huntington Beach at 7652 Garfield Ave SPACE 57, Huntington Beach, CA, 92648 generates $1,707/mo in rent and, after a $1,199/mo payment, leaves $192/mo in cash flow. Total monthly income is $1,707/mo, and annual cash flow is $2,299/yr on $81,216 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 8.36% on a $244,995 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,688 over five years. Five-year ROI reaches 118.05% and total cumulative return in cash sums $95,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,707/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
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: #11398075