1149 Milpitas DrCalexicoCA92231
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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
Investment property for sale in Calexico at 1149 Milpitas Dr, Calexico, CA, 92231 offers a 9.91% rental yield on a $385,000 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $1,884/mo payment leaves $799/mo available for distribution. Annual cash flow reaches $9,584/yr on $127,628 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 143.1% and total cumulative return in cash at $182,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
6,578 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92231, Calexico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,053 (100%) |
| Owner Occupied HU | 5,420 (49.0%) |
| Renter Occupied HU | 5,213 (47.2%) |
| Vacant Housing Units | 420 ( 3.8%) |
| Median Home Value | $340,739 |
| Average Home Value | $380,252 |
Housing Distribution
Address Breakdown
Residential
10,558
Single Family
9,609
Multi-Family
949
Businesses
968
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Listed by: Gisela Sanchez • eXp Realty of California Inc
Mls Name: ICAOR
Mls ID: #25610835IC