24190 Minton RdHomelandCA92548
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
Investment Highlights
Investment property for sale in Homeland at 24190 Minton Rd, Homeland, CA, 92548 uses $107,738 cash to close to unlock $9,710/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,591/mo payment keeps the spread at $809/mo. Purchase price stands at $325,000, and rental yield measures 10.41% with $2,820/mo rent. Return on cash invested shows 28.92% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 151.21% and total cumulative return in cash records $162,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92548, Homeland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,231 (71.5%) |
| Renter Occupied HU | 695 (22.3%) |
| Vacant Housing Units | 195 ( 6.2%) |
| Median Home Value | $247,066 |
| Average Home Value | $392,761 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
1,936
Multi-Family
523
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rogelio Sanchez • Keller Williams SELA
Mls Name: CRMLS
Mls ID: #DW25272269