1715 Santiago WayHemetCA92545
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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 1715 Santiago Way, Hemet, CA, 92545 uses $57,979 cash to close to unlock $3,085/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,339/mo, and a $856/mo payment keeps the spread at $257/mo. Purchase price stands at $174,900, and rental yield measures 9.19% with $1,339/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash records $76,224. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,339/mo property income covering a $856/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: BEVERLY MACKEY • NATIONAL REALTY GROUP
Mls Name: CRMLS
Mls ID: #IV25226666