1150 S Meadow Ln APT 35ColtonCA92324
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
Investment Highlights
Investment property for sale in Colton at 1150 S Meadow Ln APT 35, Colton, CA, 92324 offers a 9.28% rental yield on a $315,000 purchase with $2,435/mo rent. Total monthly income registers $2,435/mo, and a $1,542/mo payment leaves $486/mo available for distribution. Annual cash flow reaches $5,833/yr on $104,423 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 132.83% and total cumulative return in cash at $138,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,435/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haylee Stansberry • PONCE & PONCE REALTY, INC
Mls Name: CRMLS
Mls ID: #IG25237508