1089 Lumia 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 1089 Lumia Cir, Redlands, CA, 92374 priced at $809,500 converts $4,378/mo rent into after a $3,962/mo obligation. Total monthly income equals $4,378/mo. Return on cash invested prints 17.22% in year one, and rental yield reads 6.49% against a $809,500 entry. Equity gained on principal adds $5,224/yr, while 5% annual appreciation compiles into $223,650 by year five. Five-year ROI reaches 88.41% and total cumulative return in cash sums $235,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,378/mo property income covering a $3,962/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: Shannon Gurrola • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A