12201 Michigan StGrand TerraceCA92313
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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
Rental property for sale in Grand Terrace at 12201 Michigan St, Grand Terrace, CA, 92313 generates $3,240/mo in rent, after a $5,629/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 7.89% in year one, and rental yield is 3.38% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 38.3% and total cumulative return in cash sums $142,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
1.05 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
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Listed by: Ling Shen • Star Max Realty
Mls Name: CRMLS
Mls ID: #TR25232853