10701 Cedar Ave SPACE 58BloomingtonCA92316
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 10701 Cedar Ave SPACE 58, Bloomington, CA, 92316 in Bloomington at $219,000 earns $1,496/mo in rent and nets $141/mo after the $985/mo payment, a 8.2% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $60,506 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,017/yr in principal paydown, total projected return reaches $92,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $141 | $300 |
City averages based on Bloomington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,496 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
N/A 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
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
Manufactured
Built in 2002
N/A 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: Catalina Sanchez • MAINSTREET REALTORS
Mls Name: CRMLS
Mls ID: #CV25184883