22111 Newport Ave SPC 79Grand TerraceCA92313
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 Grand Terrace at 22111 Newport Ave SPC 79, Grand Terrace, CA, 92313 generates $1,759/mo in rent and, after a $734/mo payment, leaves $831/mo in cash flow. Total monthly income is $1,759/mo, and annual cash flow is $9,975/yr on $49,725 invested. Return on cash invested sits at 39.97% in year one, and rental yield is 14.07% on a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 210.47% and total cumulative return in cash sums $104,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,759/mo property income rather than buyer’s personal income.
Manufactured
Built in 1967
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RITA POLASEK • CENTURY 21 LOIS LAUER REALTY
Mls Name: CRMLS
Mls ID: #IG25136559