24414 University Ave SPACE 142Loma LindaCA92354
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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
Investment property for sale in Loma Linda at 24414 University Ave SPACE 142, Loma Linda, CA, 92354 uses $47,239 cash to close to unlock $18,107/yr annual cash flow and $1,509/mo monthly cash flow. Total monthly income runs $2,390/mo, and a $697/mo payment keeps the spread at $1,509/mo. Purchase price stands at $142,500, and rental yield measures 20.13% with $2,390/mo rent. Return on cash invested shows 58.24% in year one, and 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 308.4% and total cumulative return in cash records $145,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,390/mo property income covering a $697/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92354, Loma Linda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 3,110 (33.8%) |
| Renter Occupied HU | 5,597 (60.8%) |
| Vacant Housing Units | 501 ( 5.4%) |
| Median Home Value | $582,135 |
| Average Home Value | $577,518 |
Housing Distribution
Address Breakdown
Residential
8,903
Single Family
8,038
Multi-Family
865
Businesses
624
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Listed by: Marilou Kokmeyer • REALTY ONE GROUP ROADS
Mls Name: CRMLS
Mls ID: #IG25186045