873 Towne 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
Rental property for sale in Costa Mesa at 873 Towne St, Costa Mesa, CA, 92627 offers $7,051/mo rent that, after a $8,262/mo payment. Total monthly income is $7,051/mo. Return on cash invested measures 12.93% in year one, and rental yield stands at 5.01% at a $1,688,000 entry. Equity gained on principal adds $10,892/yr while 5% annual appreciation compounds into $466,363 by year five. Five-year ROI records 65.31% and total cumulative return in cash reaches $357,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,051/mo property income versus a $8,262/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
N/A 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: Bac P Nguyen • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250038279