857 Joann StCosta MesaCA92627
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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 Costa Mesa at 857 Joann St, Costa Mesa, CA, 92627 at $1,195,000 posts ROI 14.98% with from $5,654/mo rent. Total monthly income equals $5,654/mo. Return on cash invested measures 14.98% and rental yield reads 5.68% at the current $1,195,000. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 by year five. Five-year ROI prints 76.32% and total cumulative return in cash totals $295,502. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,654/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92627, Costa Mesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,560 (100%) |
| Owner Occupied HU | 8,601 (35.0%) |
| Renter Occupied HU | 14,785 (60.2%) |
| Vacant Housing Units | 1,174 ( 4.8%) |
| Median Home Value | $1,149,319 |
| Average Home Value | $1,200,235 |
Housing Distribution
Address Breakdown
Residential
23,652
Single Family
16,377
Multi-Family
7,275
Businesses
2,973
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Listed by: Carter Kaufman • Compass
Mls Name: CRMLS
Mls ID: #OC26012913