1000 Rodeo Dr UNIT 521ImperialCA92251
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 Imperial at 1000 Rodeo Dr UNIT 521, Imperial, CA, 92251 offers a 11.76% rental yield on a $245,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,199/mo payment leaves $885/mo available for distribution. Annual cash flow reaches $10,614/yr on $81,218 to close, and return on cash invested stands at 32.98% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 172.94% and total cumulative return in cash at $140,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
1,034 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92251, Imperial, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,325 (100%) |
| Owner Occupied HU | 5,105 (69.7%) |
| Renter Occupied HU | 1,949 (26.6%) |
| Vacant Housing Units | 271 ( 3.7%) |
| Median Home Value | $357,752 |
| Average Home Value | $374,368 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
7,604
Multi-Family
196
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Varley • Randy Varley Real Estate
Mls Name: ICAOR
Mls ID: #25578041IC