2351 Lanai LnThermalCA92274
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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
Rental property for sale in Thermal at 2351 Lanai Ln, Thermal, CA, 92274 generates $1,715/mo in rent and, after a $1,055/mo payment, leaves $382/mo in cash flow. Total monthly income is $1,715/mo, and annual cash flow is $4,580/yr on $71,438 invested. Return on cash invested sits at 26.32% in year one, and rental yield is 9.55% on a $215,500 entry. Equity gained on principal adds $1,391/yr, while 5% annual appreciation builds toward $59,539 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $98,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,715/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Listed by: Brandy Nelson • Equity Union
Mls Name: CRMLS
Mls ID: #219140109DA