103 E Barbour StBanningCA92220
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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
Investment property for sale in Banning at 103 E Barbour St, Banning, CA, 92220 with 5% annual appreciation on a $389,000 basis while $2,734/mo rent supports operations. Total monthly income totals $2,734/mo and a $1,904/mo payment preserves $328/mo for cash returns. Annual cash flow comes to $3,930/yr on $128,954 deployed, and return on cash invested reaches 22.96% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 8.43%. Five-year ROI measures 119.19% and total cumulative return in cash totals $153,702.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,734/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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Listed by: ANDY CLEAVES • REAL BROKER
Mls Name: CRMLS
Mls ID: #IV25162777