1531 Elm DrNorcoCA92860
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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 Norco at 1531 Elm Dr, Norco, CA, 92860 earns from $4,006/mo rent with a $4,160/mo payment. Total monthly income totals $4,006/mo. ROI tracks 14.69% on current figures, and rental yield reads 5.66% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 74.82% and total cumulative return in cash sums $209,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,006/mo property income instead of your personal income.
Single Family
Built in 1970
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92860, Norco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,267 (100%) |
| Owner Occupied HU | 5,811 (80.0%) |
| Renter Occupied HU | 1,270 (17.5%) |
| Vacant Housing Units | 186 ( 2.6%) |
| Median Home Value | $757,693 |
| Average Home Value | $787,986 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
6,937
Multi-Family
175
Businesses
1,292
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Listed by: RICKY HALLAM • COLDWELL BANKER REALTY
Mls Name: CRMLS
Mls ID: #IV25222109