240 Glenview LnHemetCA92545
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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 Hemet at 240 Glenview Ln, Hemet, CA, 92545 offers $3,060/mo rent that, after a $2,070/mo payment, leaves $444/mo cash flow. Total monthly income is $3,060/mo, and annual cash flow is $5,323/yr on $140,225 cash. Return on cash invested measures 23.71% in year one, and rental yield stands at 8.68% at a $423,000 entry. Equity gained on principal adds $2,730/yr while 5% annual appreciation compounds into $116,867 by year five. Five-year ROI records 123.2% and total cumulative return in cash reaches $172,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,060/mo property income versus a $2,070/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: Yosman Sanchez • Prime Nest Realty, Inc.
Mls Name: CRMLS
Mls ID: #OC25149095