12788 17th StRedlandsCA92373
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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 Redlands at 12788 17th St, Redlands, CA, 92373 offers a 9.25% rental yield on a $430,000 purchase with $3,314/mo rent. Total monthly income registers $3,314/mo, and a $2,105/mo payment leaves $654/mo available for distribution. Annual cash flow reaches $7,843/yr on $142,545 to close, and return on cash invested stands at 25.41% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 132.35% and total cumulative return in cash at $188,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,314/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,896 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
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Listed by: BRIAN BURSON • KELLER WILLIAMS VICTOR VALLEY
Mls Name: CRMLS
Mls ID: #IG25158222