1020 W Evan Hewes Hwy SPACE 49El CentroCA92243
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1020 W Evan Hewes Hwy SPACE 49, El Centro, CA, 92243 in El Centro speaks for itself: 27.27% gross on a $134,900 price, generating $3,066/mo in rent and $2,231/mo in net income after the $607/mo debt service. DSCR 5.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,778 stacks alongside $37,270 in projected five-year appreciation and $1,242/yr in principal reduction. Projected total cumulative return: $194,718.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.3% | 5.0% |
| Monthly Cash Flow | $2,231 | $300 |
City averages based on El Centro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,066 |
| Total Monthly Debt Service | $781 |
| DSCR Ratio | 3.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices