109 Norwood StRedlandsCA92373
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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 109 Norwood St, Redlands, CA, 92373 priced at $687,000 pairs $3,636/mo rent with after a $3,363/mo payment. Total monthly income equals $3,636/mo. Return on cash invested is 16.8% in year one, and rental yield stands at 6.35% on a $687,000 basis. Equity gained on principal adds $4,433/yr, and 5% annual appreciation accumulates to $189,805 by year five. Five-year ROI measures 86.12% and total cumulative return in cash reaches $194,654. For financing, Ziffy Mortgage’s DSCR program evaluates $3,636/mo property income against a $3,363/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A