919 Evergreen PlCosta 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 919 Evergreen Pl, Costa Mesa, CA, 92627 listed at $1,349,000 pairs $7,219/mo rent with a $6,603/mo payment. Total monthly income runs $7,219/mo. Return on cash invested measures 17.28% in year one, and rental yield registers 6.42% at a $1,349,000 basis. Equity gained on principal adds $8,705/yr, and annual property appreciation at 5% supports $372,704 by year five. Five-year ROI tracks 88.63% and total cumulative return in cash totals $387,375. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,219/mo property income relative to a $6,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
7,200 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: Michael Sheehan • Greentree Realty Group
Mls Name: CRMLS
Mls ID: #PW25219734