1231 Cypress Point DrBanningCA92220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1231 Cypress Point Dr, Banning, CA, 92220 in Banning is narrow, $142/mo net on $2,662/mo rent after the $1,551/mo debt service, but the property operates at break-even-plus, not a loss. At $345,000 with a 9.26% yield, the long-run equity case via 5% appreciation ($95,317 over five years) and $3,177/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $141,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $142 | $1,500 |
City averages based on Banning market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,662 |
| Total Monthly Debt Service | $2,382 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1989
4,792 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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
Single Family
Built in 1989
4,792 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices