1365 Crafton Ave APT 1004MentoneCA92359
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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 Mentone at 1365 Crafton Ave APT 1004, Mentone, CA, 92359 earns $462/mo cash flow from $2,101/mo rent with a $1,297/mo payment. Total monthly income totals $2,101/mo, and annual cash flow totals $5,540/yr on $87,848 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.51% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 136.67% and total cumulative return in cash sums $120,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,101/mo property income instead of your personal income.
Condo
Built in 1991
897 sqft 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: Le Ada Temple • eXp Realty of Greater Los Angeles, Inc.
Mls Name: CRMLS
Mls ID: #IG25142289