1239 Corvina AveThermalCA92274
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 Thermal at 1239 Corvina Ave, Thermal, CA, 92274 at $279,900 posts ROI 22.95% with $235/mo cash flow from $2,124/mo rent. Total monthly income equals $2,124/mo, and annual cash flow records $2,823/yr on $92,787 to close. Return on cash invested measures 22.95% and rental yield reads 9.11% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 119.91% and total cumulative return in cash totals $111,265.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,124/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Nearby investment properties with comparable prices
Listed by: Manuel Sarabia • Elite Real Estate
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219128077
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.