1248 Malat AveSalton CityCA92275
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 Salton City at 1248 Malat Ave, Salton City, CA, 92275 offers a 8.88% rental yield on a $335,000 purchase with $2,479/mo rent. Total monthly income registers $2,479/mo, and a $1,640/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,875/yr on $111,053 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 126.42% and total cumulative return in cash at $140,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,479/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92275, Salton City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7 (100%) |
| Owner Occupied HU | 6 (85.7%) |
| Renter Occupied HU | 0 |
| Vacant Housing Units | 1 (14.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $704,167 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: Nayeli Navarro • Desert Bloom Realty
Mls Name: CRMLS
Mls ID: #219137660DA