1922 Alta StRedlandsCA92374
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.46% yield at 1922 Alta St, Redlands, CA, 92374 in Redlands is solid, but the $2,696/mo payment compresses net cash flow to $17/mo at $599,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $165,631 by year five, and $5,521/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.38) without U.S. income documentation. Total projected return: $228,420.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $17 | $1,200 |
City averages based on Redlands market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,726 |
| Total Monthly Debt Service | $3,470 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1987
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92374, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,699 (100%) |
| Owner Occupied HU | 9,435 (56.5%) |
| Renter Occupied HU | 6,368 (38.1%) |
| Vacant Housing Units | 896 ( 5.4%) |
| Median Home Value | $575,888 |
| Average Home Value | $593,358 |
Housing Distribution
Address Breakdown
Residential
15,489
Single Family
13,777
Multi-Family
1,712
Businesses
1,130
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 1987
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92374, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,699 (100%) |
| Owner Occupied HU | 9,435 (56.5%) |
| Renter Occupied HU | 6,368 (38.1%) |
| Vacant Housing Units | 896 ( 5.4%) |
| Median Home Value | $575,888 |
| Average Home Value | $593,358 |
Housing Distribution
Address Breakdown
Residential
15,489
Single Family
13,777
Multi-Family
1,712
Businesses
1,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FERNANDO COVELLO • BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES
Mls Name: CRMLS
Mls ID: #IV25266617