1365 Crafton Ave APT 1106MentoneCA92359
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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 1106, Mentone, CA, 92359 uses $80,389 cash to close to unlock $7,329/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $2,111/mo, and a $1,187/mo payment keeps the spread at $611/mo. Purchase price stands at $242,500, and rental yield measures 10.45% with $2,111/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $66,998 over five years. Five-year ROI reaches 151.73% and total cumulative return in cash records $121,975. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,111/mo property income covering a $1,187/mo payment rather than investor’s 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: SCOTT GOLD • BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Mls Name: CRMLS
Mls ID: #IV25232235