1265 Heritage DrCalimesaCA92320
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 Calimesa at 1265 Heritage Dr, Calimesa, CA, 92320 uses $203,980 cash to close to unlock $98/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $3,844/mo, and a $3,035/mo payment keeps the spread at $8/mo. Purchase price stands at $620,000, and rental yield measures 7.44% with $3,844/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 103.89% and total cumulative return in cash records $211,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,844/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Single Family
Built in 2008
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: REANNA MURRAY • HOMES AND LOANS
Mls Name: CRMLS
Mls ID: #IG26002557