15238 Highway 26GlencoeCA95232
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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 Glencoe at 15238 Highway 26, Glencoe, CA, 95232 uses $62,985 cash to close to unlock $16,147/yr annual cash flow and $1,346/mo monthly cash flow. Total monthly income runs $2,521/mo, and a $930/mo payment keeps the spread at $1,346/mo. Purchase price stands at $190,000, and rental yield measures 15.92% with $2,521/mo rent. Return on cash invested shows 45.55% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 240.34% and total cumulative return in cash records $151,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,521/mo property income covering a $930/mo payment rather than investor’s personal income.
Lot
Built in N/A
36.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95232, Glencoe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 113 (64.9%) |
| Renter Occupied HU | 15 ( 8.6%) |
| Vacant Housing Units | 46 (26.4%) |
| Median Home Value | $625,000 |
| Average Home Value | $659,513 |
Housing Distribution
Address Breakdown
Residential
30
Single Family
30
Multi-Family
0
Businesses
3
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Listed by: Shane Rawlings • Brix & Homes Real Estate Co.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224023157
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.