9662 Crosby AveGarden GroveCA92844
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
Investment Highlights
Investment property for sale in Garden Grove at 9662 Crosby Ave, Garden Grove, CA, 92844 listed at $1,189,000 pairs $4,664/mo rent with a $5,820/mo payment. Total monthly income runs $4,664/mo. Return on cash invested measures 11.98% in year one, and rental yield registers 4.71% at a $1,189,000 basis. Equity gained on principal adds $7,672/yr, and annual property appreciation at 5% supports $328,499 by year five. Five-year ROI tracks 60.25% and total cumulative return in cash totals $232,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,664/mo property income relative to a $5,820/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
9,990 sqft 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: Lily Campbell • First Team Real Estate
Mls Name: CRMLS
Mls ID: #OC25149536