22111 Newport Ave SPC 5Grand 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 SPC 5, Grand Terrace, CA, 92313 offers a 9.2% rental yield on a $199,999 purchase with $1,533/mo rent. Total monthly income registers $1,533/mo, and a $979/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,548/yr on $66,300 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 131.56% and total cumulative return in cash at $87,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,533/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2016
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: Lili Aara • PRICE REAL ESTATE GROUP INC
Mls Name: CRMLS
Mls ID: #CV25159014