10576 Horseshoe DrBloomingtonCA92316
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
Investment Highlights
Investment property for sale in Bloomington at 10576 Horseshoe Dr, Bloomington, CA, 92316 uses $203,980 cash to close to unlock $902/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $3,911/mo, and a $3,035/mo payment keeps the spread at $75/mo. Purchase price stands at $620,000, and rental yield measures 7.57% with $3,911/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 106.01% and total cumulative return in cash records $216,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,911/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Single Family
Built in 2000
8,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92316, Bloomington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,278 (100%) |
| Owner Occupied HU | 5,635 (68.1%) |
| Renter Occupied HU | 2,462 (29.7%) |
| Vacant Housing Units | 181 ( 2.2%) |
| Median Home Value | $482,905 |
| Average Home Value | $497,214 |
Housing Distribution
Address Breakdown
Residential
7,517
Single Family
7,205
Multi-Family
312
Businesses
731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LUIS FREYRE • Commonwealth Realty Group
Mls Name: CRMLS
Mls ID: #IV25159670