8810 Hewitt Pl APT 2Garden 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
Investment property for sale in Garden Grove at 8810 Hewitt Pl APT 2, Garden Grove, CA, 92844 offers a 6.02% rental yield on a $689,000 purchase with $3,454/mo rent. 78% in year one. Equity gained on principal adds $4,446/yr while 5% annual appreciation supports $190,358 over five years. Portfolio math shows five-year ROI at 80.7% and total cumulative return in cash at $182,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,454/mo property income against a $3,372/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
2.03 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: Trang Dang • Greenfield Realty
Mls Name: CRMLS
Mls ID: #PW25147816