18863 8th StBloomingtonCA92316
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing18863 8th St, Bloomington, CA, 92316 in Bloomington is a stable, well-positioned rental at $489,900. Rental yield 6.45%. DSCR 1.20 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $135,350 in value and $4,512/yr in principal paydown builds equity, a total projected return of $160,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.5% |
| Monthly Cash Flow | $(398) | $300 |
City averages based on Bloomington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,633 |
| Total Monthly Debt Service | $2,836 |
| DSCR Ratio | 0.93x |
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 1954
7,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92316, Bloomington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,278 (100%) |
| Owner Occupied HU | 5,635 (68.1%) |
| Renter Occupied HU | 2,462 (29.7%) |
| Vacant Housing Units | 181 ( 2.2%) |
| Median Home Value | $482,905 |
| Average Home Value | $497,214 |
Housing Distribution
Address Breakdown
Residential
7,517
Single Family
7,205
Multi-Family
312
Businesses
731
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 1954
7,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92316, Bloomington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,278 (100%) |
| Owner Occupied HU | 5,635 (68.1%) |
| Renter Occupied HU | 2,462 (29.7%) |
| Vacant Housing Units | 181 ( 2.2%) |
| Median Home Value | $482,905 |
| Average Home Value | $497,214 |
Housing Distribution
Address Breakdown
Residential
7,517
Single Family
7,205
Multi-Family
312
Businesses
731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FIDEL DELGADILLO • Elevate Real Estate Agency
Mls Name: CRMLS
Mls ID: #IV25195011