1348 Olivine AveMentoneCA92359
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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
Rental property for sale in Mentone at 1348 Olivine Ave, Mentone, CA, 92359 priced at $410,000 pairs $1,876/mo rent with after a $2,007/mo payment. Total monthly income equals $1,876/mo. Return on cash invested is 14.08% in year one, and rental yield stands at 5.49% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 71.59% and total cumulative return in cash reaches $97,295. For financing, Ziffy Mortgage’s DSCR program evaluates $1,876/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1965
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92359, Mentone, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,382 (100%) |
| Owner Occupied HU | 2,051 (60.6%) |
| Renter Occupied HU | 1,169 (34.6%) |
| Vacant Housing Units | 162 ( 4.8%) |
| Median Home Value | $501,238 |
| Average Home Value | $518,342 |
Housing Distribution
Address Breakdown
Residential
3,123
Single Family
3,069
Multi-Family
54
Businesses
204
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Listed by: N/A • N/A
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