1475 N State St #6HemetCA92543
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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 Hemet at 1475 N State St #6, Hemet, CA, 92543 generates $868/mo in rent and, after a $518/mo payment, leaves $213/mo in cash flow. Total monthly income is $868/mo, and annual cash flow is $2,559/yr on $35,106 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 9.84% on a $105,900 entry. Equity gained on principal adds $683/yr, while 5% annual appreciation builds toward $29,258 over five years. Five-year ROI reaches 142.02% and total cumulative return in cash sums $49,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $868/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Matthew Salsbury • Pacific Manufactured Homes
Mls Name: My State MLS
Mls ID: #11400014