14944 Morning Glory StOro GrandeCA92368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oro Grande at 14944 Morning Glory St, Oro Grande, CA, 92368 offers a 8.13% rental yield on a $241,888 purchase with $1,639/mo rent. Total monthly income registers $1,639/mo, and a $1,184/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,711/yr on $80,186 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $1,561/yr while 5% annual appreciation supports $66,829 over five years. Portfolio math shows five-year ROI at 114.3% and total cumulative return in cash at $91,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,639/mo property income against a $1,184/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1981
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92368, Oro Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 192 (44.9%) |
| Renter Occupied HU | 113 (26.4%) |
| Vacant Housing Units | 123 (28.7%) |
| Median Home Value | $385,000 |
| Average Home Value | $397,227 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A