1235 Spruce StSan BernardinoCA92411
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1235 Spruce St, San Bernardino, CA, 92411 in San Bernardino worth study. Rental yield 5.15%. The 5.15% gross yield is below cash-flow benchmarks at $590,000, but 5% annual appreciation, adding $163,006 over five years, frames this as a capital growth position. Rent of $2,531/mo partially offsets the $2,653/mo payment. Ziffy Mortgage finances appreciation-play properties (0.95 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $151,705.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 4.8% |
| Monthly Cash Flow | $(1,119) | $850 |
City averages based on San Bernardino market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,531 |
| Total Monthly Debt Service | $3,415 |
| DSCR Ratio | 0.74x |
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 1900
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92411, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 3,419 (47.5%) |
| Renter Occupied HU | 3,522 (49.0%) |
| Vacant Housing Units | 250 ( 3.5%) |
| Median Home Value | $375,081 |
| Average Home Value | $394,797 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
6,455
Multi-Family
527
Businesses
434
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 1900
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92411, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 3,419 (47.5%) |
| Renter Occupied HU | 3,522 (49.0%) |
| Vacant Housing Units | 250 ( 3.5%) |
| Median Home Value | $375,081 |
| Average Home Value | $394,797 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
6,455
Multi-Family
527
Businesses
434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheilia Manuel • Anomaly Real Estate
Mls Name: CRMLS
Mls ID: #CV25169923