1276 N Alessandro RdBanningCA92220
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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 Banning at 1276 N Alessandro Rd, Banning, CA, 92220 offers a 9.24% rental yield on a $439,000 purchase with $3,380/mo rent. Total monthly income registers $3,380/mo, and a $2,149/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,967/yr on $145,529 to close, and return on cash invested stands at 25.38% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 132.19% and total cumulative return in cash at $192,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,380/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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Listed by: Harley Adams • DYNASTY REAL ESTATE
Mls Name: CRMLS
Mls ID: #CV25248036