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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Spring Valley at 11024 Plum Tree Ln, Spring Valley, CA, 91977 offers $5,384/mo rent that, after a $2,932/mo payment, leaves $1,423/mo cash flow. Total monthly income is $5,384/mo, and annual cash flow is $17,079/yr on $197,071 cash. Return on cash invested measures 28.73% in year one, and rental yield stands at 10.79% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 150.66% and total cumulative return in cash reaches $296,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,384/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
2,724 sqft lot
$N/A/sqft
$255 monthly HOA
Neighborhood data shown for ZIP Code: 91977, Spring Valley, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,678 (100%) |
| Owner Occupied HU | 11,779 (59.9%) |
| Renter Occupied HU | 7,336 (37.3%) |
| Vacant Housing Units | 563 ( 2.9%) |
| Median Home Value | $723,071 |
| Average Home Value | $799,041 |
Residential
19,266
Single Family
16,480
Multi-Family
2,786
Businesses
779
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Price change | $599,000 |
| 2024-08-16 | Listed for sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | N/A | N/A | $67,211 | 2.00% |
| 2023-08-26 | $1306.52 | 3.16% | $65,894 | 2.00% |
| 2022-08-26 | $1266.54 | 0.38% | $64,603 | 2.00% |
Listed by: Julie Boyadjian • Pacific Sotheby's International Realty
Mls Name: SDMLS
Mls Provider:
Mls ID: #240019383
Disclaimer: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation 2024 San Diego MLS.
