12102 Preston StGrand TerraceCA92313
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing12102 Preston St, Grand Terrace, CA, 92313 in Grand Terrace is a stable, well-positioned rental at $1,250,000. Rental yield 6.56%. DSCR 1.22 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $345,352 in value and $11,513/yr in principal paydown builds equity, a total projected return of $416,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.0% |
| Monthly Cash Flow | $(900) | $1,200 |
City averages based on Grand Terrace market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,833 |
| Total Monthly Debt Service | $7,235 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92313, Grand Terrace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 3,026 (60.1%) |
| Renter Occupied HU | 1,810 (35.9%) |
| Vacant Housing Units | 202 ( 4.0%) |
| Median Home Value | $482,496 |
| Average Home Value | $518,570 |
Housing Distribution
Address Breakdown
Residential
4,675
Single Family
3,848
Multi-Family
827
Businesses
214
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
Multi Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92313, Grand Terrace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 3,026 (60.1%) |
| Renter Occupied HU | 1,810 (35.9%) |
| Vacant Housing Units | 202 ( 4.0%) |
| Median Home Value | $482,496 |
| Average Home Value | $518,570 |
Housing Distribution
Address Breakdown
Residential
4,675
Single Family
3,848
Multi-Family
827
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GLORIA ALCAZAR • INTERNATIONAL R E SERVICE/COV
Mls Name: CRMLS
Mls ID: #IV25220180