1536 S State St SPACE 219HemetCA92543
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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 Hemet at 1536 S State St SPACE 219, Hemet, CA, 92543 listed at $150,000 pairs $1,146/mo rent with a $734/mo payment to leave $218/mo cash flow. Total monthly income runs $1,146/mo, and annual cash flow reaches $2,619/yr on $49,725 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 9.17% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 131.17% and total cumulative return in cash totals $65,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,146/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
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: Stevie Wedmore • Brubaker Culton R.E. & Dev.
Mls Name: CRMLS
Mls ID: #SW25275148