1490 E 6th St #46BeaumontCA92223
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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 Beaumont at 1490 E 6th St #46, Beaumont, CA, 92223 uses $72,897 cash to close to unlock $2,652/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,581/mo, and a $1,076/mo payment keeps the spread at $221/mo. Purchase price stands at $219,900, and rental yield measures 8.63% with $1,581/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash records $89,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,581/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92223, Beaumont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,637 (100%) |
| Owner Occupied HU | 17,755 (78.4%) |
| Renter Occupied HU | 4,127 (18.2%) |
| Vacant Housing Units | 755 ( 3.3%) |
| Median Home Value | $576,247 |
| Average Home Value | $598,678 |
Housing Distribution
Address Breakdown
Residential
21,705
Single Family
20,067
Multi-Family
1,638
Businesses
904
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Listed by: Aaron Okola • Galaxy Homes
Mls Name: My State MLS
Mls ID: #11456625