1251 S Meadow Ln APT 115ColtonCA92324
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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 Colton at 1251 S Meadow Ln APT 115, Colton, CA, 92324 uses $102,765 cash to close to unlock $8,947/yr annual cash flow and $746/mo monthly cash flow. Total monthly income runs $2,663/mo, and a $1,517/mo payment keeps the spread at $746/mo. Purchase price stands at $310,000, and rental yield measures 10.31% with $2,663/mo rent. Return on cash invested shows 28.62% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 149.54% and total cumulative return in cash records $153,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,663/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1987
1,215 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
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Listed by: Erin Witten • Exit Alliance Realty
Mls Name: CRMLS
Mls ID: #SW25186105