1012 Long Beach DrColtonCA92324
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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
Rental property for sale in Colton at 1012 Long Beach Dr, Colton, CA, 92324 generates $3,376/mo in rent, after a $2,839/mo payment. Total monthly income is $3,376/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 6.98% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 96.45% and total cumulative return in cash sums $184,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,376/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
7,722 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
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Listed by: CYNTHIA ZARAGOZA • Town & Country Real Estate
Mls Name: CRMLS
Mls ID: #IG25217518