7887 Lampson Ave #88Garden GroveCA92841
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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 Garden Grove at 7887 Lampson Ave #88, Garden Grove, CA, 92841 uses $41,438 cash to close to unlock $2,574/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $988/mo, and a $612/mo payment keeps the spread at $215/mo. Purchase price stands at $125,000, and rental yield measures 9.48% with $988/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash records $56,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92841, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,277 (100%) |
| Owner Occupied HU | 5,083 (49.5%) |
| Renter Occupied HU | 4,868 (47.4%) |
| Vacant Housing Units | 326 ( 3.2%) |
| Median Home Value | $832,947 |
| Average Home Value | $887,645 |
Housing Distribution
Address Breakdown
Residential
9,782
Single Family
8,107
Multi-Family
1,675
Businesses
1,190
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Listed by: Gladys Ramos Pemper • onyxmanufacturedhomes.com
Mls Name: My State MLS
Mls ID: #11412246