2200 W Wilson St SPC 41BanningCA92220
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
Investment property for sale in Banning at 2200 W Wilson St SPC 41, Banning, CA, 92220 uses $43,095 cash to close to unlock $22,393/yr annual cash flow and $1,866/mo monthly cash flow. Total monthly income runs $2,670/mo, and a $636/mo payment keeps the spread at $1,866/mo. Purchase price stands at $130,000, and rental yield measures 24.65% with $2,670/mo rent. Return on cash invested shows 71.87% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 381.57% and total cumulative return in cash records $164,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,670/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KIM KUPECZ • CALIFORNIA DREAM REAL ESTATE
Mls Name: CRMLS
Mls ID: #IG25215362