949 E 3rd StSanta AnaCA92701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow949 E 3rd St, Santa Ana, CA, 92701 in Santa Ana earns its strong cash-flow label: 10.83% yield, $9,432/mo rent, $2,168/mo net income, DSCR 2.01. The $1,045,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $288,714 by year five. Combined with $9,625/yr in principal paydown, total projected return reaches $539,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $2,168 | $1,500 |
City averages based on Santa Ana market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,432 |
| Total Monthly Debt Service | $6,848 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
2,380 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
2,380 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92701, Santa Ana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,863 (100%) |
| Owner Occupied HU | 3,673 (24.7%) |
| Renter Occupied HU | 10,407 (70.0%) |
| Vacant Housing Units | 783 ( 5.3%) |
| Median Home Value | $673,656 |
| Average Home Value | $726,278 |
Housing Distribution
Address Breakdown
Residential
13,022
Single Family
8,111
Multi-Family
4,911
Businesses
2,147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices