233 Glen Avon DrCedar GlenCA92321
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 233 Glen Avon Dr, Cedar Glen, CA, 92321 in Cedar Glen at $399,000 earns $2,089/mo in rent and nets $124/mo after the $1,794/mo payment, a 7.77% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 1.16 DSCR without U.S. credit history. With $3,675/yr in principal paydown, total projected return reaches $126,905.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $124 | $250 |
City averages based on Cedar Glen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,089 |
| Total Monthly Debt Service | $2,310 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1924
2,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92321, Cedar Glen, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 745 (100%) |
| Owner Occupied HU | 255 (34.2%) |
| Renter Occupied HU | 69 ( 9.3%) |
| Vacant Housing Units | 421 (56.5%) |
| Median Home Value | $802,835 |
| Average Home Value | $800,775 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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
Single Family
Built in 1924
2,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92321, Cedar Glen, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 745 (100%) |
| Owner Occupied HU | 255 (34.2%) |
| Renter Occupied HU | 69 ( 9.3%) |
| Vacant Housing Units | 421 (56.5%) |
| Median Home Value | $802,835 |
| Average Home Value | $800,775 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #IV26048799