22450 Norris LnNuevoCA92567
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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
Total monthly income runs $2,854/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 4.28% with $2,854/mo rent. Return on cash invested shows 10.51% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 52.4% and total cumulative return in cash records $137,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92567, Nuevo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,224 (100%) |
| Owner Occupied HU | 2,407 (74.7%) |
| Renter Occupied HU | 661 (20.5%) |
| Vacant Housing Units | 156 ( 4.8%) |
| Median Home Value | $647,039 |
| Average Home Value | $684,224 |
Housing Distribution
Address Breakdown
Residential
2,640
Single Family
2,640
Multi-Family
0
Businesses
125
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Listed by: Marcos Orozco • The Listing House
Mls Name: CRMLS
Mls ID: #OC25273469