1349 Ridgeview WayBonitaCA91902
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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 Bonita at 1349 Ridgeview Way, Bonita, CA, 91902 generates $6,346/mo in rent, after a $7,239/mo payment. Total monthly income is $6,346/mo. Return on cash invested sits at 13.35% in year one, and rental yield is 5.15% on a $1,479,000 entry. Equity gained on principal adds $9,544/yr, while 5% annual appreciation builds toward $408,620 over five years. Five-year ROI reaches 67.56% and total cumulative return in cash sums $323,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91902, Bonita, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,202 (100%) |
| Owner Occupied HU | 4,630 (74.7%) |
| Renter Occupied HU | 1,325 (21.4%) |
| Vacant Housing Units | 247 ( 4.0%) |
| Median Home Value | $943,750 |
| Average Home Value | $1,048,613 |
Housing Distribution
Address Breakdown
Residential
6,096
Single Family
5,496
Multi-Family
600
Businesses
252
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Listed by: Dante Laura • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2506857