1231 El Paso DrNorcoCA92860
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 Norco at 1231 El Paso Dr, Norco, CA, 92860 offers a 5.26% rental yield on a $1,135,000 purchase with $4,975/mo rent. 69% in year one. Equity gained on principal adds $7,324/yr while 5% annual appreciation supports $313,580 over five years. Portfolio math shows five-year ROI at 69.4% and total cumulative return in cash at $255,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,975/mo property income against a $5,555/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92860, Norco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,267 (100%) |
| Owner Occupied HU | 5,811 (80.0%) |
| Renter Occupied HU | 1,270 (17.5%) |
| Vacant Housing Units | 186 ( 2.6%) |
| Median Home Value | $757,693 |
| Average Home Value | $787,986 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
6,937
Multi-Family
175
Businesses
1,292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Bonilla • ALLEGIANT REALTY
Mls Name: CRMLS
Mls ID: #CV25204904