9 Sandflower Ct #5Newport BeachCA92663
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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 Newport Beach at 9 Sandflower Ct #5, Newport Beach, CA, 92663 generates $4,463/mo in rent, after a $4,527/mo payment. Total monthly income is $4,463/mo. Return on cash invested sits at 15.1% in year one, and rental yield is 5.79% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 77% and total cumulative return in cash sums $234,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,463/mo property income rather than buyer’s personal income.
Condo
Built in 1973
22.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92663, Newport Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,581 (100%) |
| Owner Occupied HU | 4,409 (38.1%) |
| Renter Occupied HU | 5,226 (45.1%) |
| Vacant Housing Units | 1,946 (16.8%) |
| Median Home Value | $1,827,685 |
| Average Home Value | $1,633,620 |
Housing Distribution
Address Breakdown
Residential
11,565
Single Family
8,093
Multi-Family
3,472
Businesses
1,521
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Listed by: Julian Hakim • Compass
Mls Name: CRMLS
Mls ID: #OC25187993