2440 W Orange AveEl CentroCA92243
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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 El Centro at 2440 W Orange Ave, El Centro, CA, 92243 priced at $455,000 converts $3,298/mo rent into $483/mo cash flow after a $2,227/mo obligation. Total monthly income equals $3,298/mo, and annual cash flow totals $5,799/yr on $150,833 invested. Return on cash invested prints 23.75% in year one, and rental yield reads 8.7% against a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation compiles into $125,708 by year five. Five-year ROI reaches 123.48% and total cumulative return in cash sums $186,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,298/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1989
6,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Refugio Rodriguez • ERA The Real Estate Store
Mls Name: ICAOR
Mls Provider:
Mls ID: #24422753IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.