1276 E Johnston AveHemetCA92543
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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 Hemet at 1276 E Johnston Ave, Hemet, CA, 92543 uses $114,368 cash to close to unlock $1,576/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,689/mo payment keeps the spread at $131/mo. Purchase price stands at $345,000, and rental yield measures 7.88% with $2,266/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash records $126,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Roshanda S Hall • Weichert SoCal
Mls Name: SDMLS
Mls ID: #250040676