808 El PaseoLake ForestCA92610
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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 Lake Forest at 808 El Paseo, Lake Forest, CA, 92610 generates $4,980/mo in rent, after a $4,846/mo payment. Total monthly income is $4,980/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 6.04% on a $990,000 entry. Equity gained on principal adds $6,388/yr, while 5% annual appreciation builds toward $273,519 over five years. Five-year ROI reaches 81% and total cumulative return in cash sums $263,840. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,980/mo property income rather than buyer’s personal income.
Condo
Built in 2015
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92610, Foothill Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 2,962 (72.5%) |
| Renter Occupied HU | 1,036 (25.3%) |
| Vacant Housing Units | 90 ( 2.2%) |
| Median Home Value | $1,031,056 |
| Average Home Value | $1,147,307 |
Housing Distribution
Address Breakdown
Residential
4,652
Single Family
3,557
Multi-Family
1,095
Businesses
347
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Listed by: Stefanie Gillespie • Regency Real Estate Brokers
Mls Name: CRMLS
Mls ID: #OC25174058