1220 Mohave DrColtonCA92324
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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 Colton at 1220 Mohave Dr, Colton, CA, 92324 offers a 10.08% rental yield on a $390,000 purchase with $3,276/mo rent. Total monthly income registers $3,276/mo, and a $1,909/mo payment leaves $863/mo available for distribution. Annual cash flow reaches $10,359/yr on $129,285 to close, and return on cash invested stands at 27.92% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 145.82% and total cumulative return in cash at $188,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,276/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
686 sqft 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
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Listed by: Lauren Uribe • L & L URIBE, INC
Mls Name: CRMLS
Mls ID: #CV25193735