1031 S Palmetto Ave APT N9OntarioCA91762
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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
Investment Highlights
Investment property for sale in Ontario at 1031 S Palmetto Ave APT N9, Ontario, CA, 91762 listed at $475,000 pairs $2,854/mo rent with a $2,325/mo payment. Total monthly income runs $2,854/mo. Return on cash invested measures 19.26% in year one, and rental yield registers 7.21% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 99.39% and total cumulative return in cash totals $156,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,854/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
1,523 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: Linchen Yang • FIRST TEAM REAL ESTATE
Mls Name: CRMLS
Mls ID: #CV25238607