231 W 24th StSan BernardinoCA92405
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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 San Bernardino at 231 W 24th St, San Bernardino, CA, 92405 listed at $440,000 pairs $2,627/mo rent with a $2,154/mo payment. Total monthly income runs $2,627/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 7.16% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 98.64% and total cumulative return in cash totals $143,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,627/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92405, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,649 (100%) |
| Owner Occupied HU | 4,573 (47.4%) |
| Renter Occupied HU | 4,731 (49.0%) |
| Vacant Housing Units | 345 ( 3.6%) |
| Median Home Value | $440,385 |
| Average Home Value | $461,102 |
Housing Distribution
Address Breakdown
Residential
9,347
Single Family
8,205
Multi-Family
1,142
Businesses
463
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Listed by: Chris Taylor • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #OC25275255