1264 Joshua Tree RdCalimesaCA92320
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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 Calimesa at 1264 Joshua Tree Rd, Calimesa, CA, 92320 listed at $599,000 pairs $3,930/mo rent with a $2,932/mo payment to leave $224/mo cash flow. Total monthly income runs $3,930/mo, and annual cash flow reaches $2,691/yr on $197,071 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 7.87% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 110.96% and total cumulative return in cash totals $218,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,930/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
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Listed by: MARGERY VELASQUEZ • KELLER WILLIAMS REALTY
Mls Name: CRMLS
Mls ID: #IG25225665