1044 Ardmore CirRedlandsCA92374
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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
Rental property for sale in Redlands at 1044 Ardmore Cir, Redlands, CA, 92374 generates $4,142/mo in rent and, after a $2,643/mo payment, leaves $802/mo in cash flow. Total monthly income is $4,142/mo, and annual cash flow is $9,618/yr on $177,660 invested. Return on cash invested sits at 25.47% in year one, and rental yield is 9.2% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash sums $235,670. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,142/mo property income rather than buyer’s personal income.
Condo
Built in 1986
1,362 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92374, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,699 (100%) |
| Owner Occupied HU | 9,435 (56.5%) |
| Renter Occupied HU | 6,368 (38.1%) |
| Vacant Housing Units | 896 ( 5.4%) |
| Median Home Value | $575,888 |
| Average Home Value | $593,358 |
Housing Distribution
Address Breakdown
Residential
15,489
Single Family
13,777
Multi-Family
1,712
Businesses
1,130
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Listed by: Stacy Kunkel • Berkshire Hathaway Homeservices California Realty
Mls Name: CRMLS
Mls ID: #IG26005519