22111 Newport Ave SPACE 157Grand TerraceCA92313
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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 Grand Terrace at 22111 Newport Ave SPACE 157, Grand Terrace, CA, 92313 uses $33,813 cash to close to unlock $2,127/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $808/mo, and a $499/mo payment keeps the spread at $177/mo. Purchase price stands at $102,000, and rental yield measures 9.51% with $808/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 136.69% and total cumulative return in cash records $46,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $808/mo property income covering a $499/mo payment rather than investor’s personal income.
Manufactured
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92313, Grand Terrace, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 3,026 (60.1%) |
| Renter Occupied HU | 1,810 (35.9%) |
| Vacant Housing Units | 202 ( 4.0%) |
| Median Home Value | $482,496 |
| Average Home Value | $518,570 |
Housing Distribution
Address Breakdown
Residential
4,675
Single Family
3,848
Multi-Family
827
Businesses
214
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Listed by: Martin Gonzalez • ACTION MOBILE HOMES
Mls Name: NY State MLS
Mls ID: #11480139