16600 Terrace LnFontanaCA92335
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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
Rental property for sale in Fontana at 16600 Terrace Ln, Fontana, CA, 92335 generates $3,138/mo in rent and, after a $1,884/mo payment, leaves $757/mo in cash flow. Total monthly income is $3,138/mo, and annual cash flow is $9,080/yr on $127,628 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 9.78% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 141% and total cumulative return in cash sums $179,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,138/mo property income rather than buyer’s personal income.
Condo
Built in 1980
1,259 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92335, Fontana, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,723 (100%) |
| Owner Occupied HU | 11,870 (48.0%) |
| Renter Occupied HU | 12,284 (49.7%) |
| Vacant Housing Units | 569 ( 2.3%) |
| Median Home Value | $483,954 |
| Average Home Value | $532,087 |
Housing Distribution
Address Breakdown
Residential
24,967
Single Family
21,290
Multi-Family
3,677
Businesses
2,075
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Listed by: David Wills • WILLS ESTATE BROKER
Mls Name: CRMLS
Mls ID: #IG25251187