8520 Lake Knoll Ave UNIT BGarden GroveCA92844
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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 Garden Grove at 8520 Lake Knoll Ave UNIT B, Garden Grove, CA, 92844 generates $4,471/mo in rent, after a $3,758/mo payment. Total monthly income is $4,471/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 6.99% on a $767,800 entry. Equity gained on principal adds $4,954/yr, while 5% annual appreciation builds toward $212,129 over five years. Five-year ROI reaches 96.52% and total cumulative return in cash sums $243,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,471/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
2.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92844, Garden Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,272 (100%) |
| Owner Occupied HU | 3,088 (42.5%) |
| Renter Occupied HU | 3,990 (54.9%) |
| Vacant Housing Units | 194 ( 2.7%) |
| Median Home Value | $781,432 |
| Average Home Value | $805,568 |
Housing Distribution
Address Breakdown
Residential
7,212
Single Family
5,590
Multi-Family
1,622
Businesses
758
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Listed by: Anthony Abajian • Abajian & Co
Mls Name: CRMLS
Mls ID: #PW25200269