
Deal numbers
- Est. cap rate
- 2.7%
- Assumed rent, all units
- $4,440/mo
- Units
- 2
- Price per unit
- $497,500
- Est. annual NOI
- $26,640
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $50,616
- Operating expenses
- $25,308
- Net operating income
- $25,308
- Annual debt service
- $59,578
- Annual cash flow
- -$34,270
- Cash on cash return
- -13.8%
- Down payment
- $248,750
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Duplex
- Bedrooms
- 2
- Building size
- 1,904 sqft
- Lot size
- 7,405 sqft
- Year built
- 1961
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 249183134
About this property
TWO DETACHED HOMES ON ONE LOT – GREAT INVESTMENT OR OWNER-OCCUPANT OPPORTUNITY! Versatile duplex in the heart of Santa Ana, featuring two separate 2-bedroom, 1-bathroom residences totaling approximately 1,904 square feet on a spacious 7,405-square-foot lot. Each home offers its own attached one-car garage, separate living spaces, and private outdoor areas. The property has benefited from interior and exterior updates, adding to its overall appeal. A long driveway provides additional parking and convenient access to the rear residence. The detached layout offers excellent privacy and flexibility, making this an attractive opportunity for investors seeking rental income or buyers looking to occupy one home while renting the other. Conveniently located near shopping, dining, schools, parks, and major transportation corridors. A rare opportunity to own two detached residences on one lot in an established Santa Ana neighborhood!
Location
407 N Jackson Street
Santa Ana, Orange, CA, 92703