1615 Halsey StRedlandsCA92373
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1615 Halsey St, Redlands, CA, 92373 in Redlands is capital appreciation. Rental yield 3.47%. The 3.47% gross yield at $1,750,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $483,493 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.64) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $292,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.2% |
| Monthly Cash Flow | $(5,763) | $1,200 |
City averages based on Redlands market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,063 |
| Total Monthly Debt Service | $10,130 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1928
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
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
Single Family
Built in 1928
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Davis • Y Realty
Mls Name: CRMLS
Mls ID: #PW25124001