1031 Palmetto Ave #P6OntarioCA91762
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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 Ontario at 1031 Palmetto Ave #P6, Ontario, CA, 91762 earns $112/mo cash flow from $3,137/mo rent with a $2,393/mo payment. Total monthly income totals $3,137/mo, and annual cash flow totals $1,348/yr on $162,104 capital. ROI tracks 20.74% on current figures, and rental yield reads 7.7% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 107.31% and total cumulative return in cash sums $173,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,137/mo property income instead of your personal income.
Condo
Built in 1985
1,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91762, Ontario, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,761 (100%) |
| Owner Occupied HU | 11,723 (56.5%) |
| Renter Occupied HU | 8,429 (40.6%) |
| Vacant Housing Units | 609 ( 2.9%) |
| Median Home Value | $631,254 |
| Average Home Value | $649,497 |
Housing Distribution
Address Breakdown
Residential
20,185
Single Family
17,971
Multi-Family
2,214
Businesses
1,895
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Listed by: Victoria Ghassabian • BERKSHIRE HATH HM SVCS CA PROP
Mls Name: CRMLS
Mls ID: #CV25257837