201 Monte Vista WayHemetCA92544
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
Investment Highlights
Rental property for sale in Hemet at 201 Monte Vista Way, Hemet, CA, 92544 priced at $380,000 converts $2,645/mo rent into $294/mo cash flow after a $1,860/mo obligation. Total monthly income equals $2,645/mo, and annual cash flow totals $3,530/yr on $125,970 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 8.35% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 117.9% and total cumulative return in cash sums $148,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,645/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1973
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92544, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,961 (100%) |
| Owner Occupied HU | 10,679 (63.0%) |
| Renter Occupied HU | 5,252 (31.0%) |
| Vacant Housing Units | 1,030 ( 6.1%) |
| Median Home Value | $483,368 |
| Average Home Value | $527,680 |
Housing Distribution
Address Breakdown
Residential
16,610
Single Family
15,720
Multi-Family
890
Businesses
489
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Listed by: Courtney Rowan • Coldwell Banker Assoc Brkr-SC
Mls Name: CRMLS
Mls ID: #SW25247077