1393 Ward WayMentoneCA92359
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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 1393 Ward Way, Mentone, CA, 92359 generates $2,809/mo in rent and, after a $1,463/mo payment, leaves $960/mo in cash flow. Total monthly income is $2,809/mo, and annual cash flow is $11,517/yr on $99,119 invested. Return on cash invested sits at 31.53% in year one, and rental yield is 11.27% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 165.13% and total cumulative return in cash sums $163,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,809/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
8,320 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: VERONICA FOSTER • TRUST PROPERTIES USA, INC
Mls Name: CRMLS
Mls ID: #IV25214453