1601 Drew Rd SPACE 16El CentroCA92243
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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 El Centro at 1601 Drew Rd SPACE 16, El Centro, CA, 92243 offers a 9.38% rental yield on a $155,000 purchase with $1,212/mo rent. Total monthly income registers $1,212/mo, and a $759/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,033/yr on $51,383 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 134.5% and total cumulative return in cash at $69,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,212/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Roberto Rodriguez • Grounded Real Estate Inc.
Mls Name: ICAOR
Mls ID: #26634775IC