1020 Tierra Linda Dr, Hemet, CA, 92543 | $292/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1020 Tierra Linda Dr, Hemet, CA, 92543 | $292/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hemet at 1020 Tierra Linda Dr, Hemet, CA, 92543 listed at $184,000 pairs $1,431/mo rent with a $901/mo payment to leave $292/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $3,508/yr on $60,996 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 9.33% at a $184,000 basis. Equity gained on principal adds $1,187/yr, and annual property appreciation at 5% supports $50,836 by year five. Five-year ROI tracks 133.74% and total cumulative return in cash totals $81,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $901/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1975

4,792 sqft lot

$N/A/sqft

No HOA

More details about the property

Come take a look at this triple wide featuring 2 bedrooms 2 bathroom, living room formal dining area and an over sized family room. The kitchen features a gas cooktop, dishwasher oven and a cozy kitchen breakfast bar. The overside family room features a built in wet bar and built in bookshelves with a desk area. The guest bedroom is good size and features a skylight. The primary bedroom is also a good size with a barn door style door leading into the primary bathroom that features a beautiful tiled walk in shower. Indoor laundry is a plus. Step out the back to the enclosed garage with a garage door, and take a look at the separate workshop with cabinets, a work bench and plenty of storage. This home also features a built in screened area off the front porch, nicely landscaped and includes fruit trees in the back and an additional storage shed. And you own your land! On a corner lot located across the street from 1 of the clubhouse's. All located in Sierra Dawn Estates a 55+ Community featuring 4 clubhouses 5 pools, jacuzzi sauna, shuffleboard, horse shoes, and a variety of clubs to join in on the fun activities. Put this one on your list to see today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,719 (100%)
Owner Occupied HU	7,942 (50.5%)
Renter Occupied HU	6,790 (43.2%)
Vacant Housing Units	987 ( 6.3%)
Median Home Value	$255,843
Average Home Value	$384,346