24414 University Ave SPC 57Loma LindaCA92354
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 Loma Linda at 24414 University Ave SPC 57, Loma Linda, CA, 92354 earns $2,578/mo cash flow from $3,623/mo rent with a $827/mo payment. Total monthly income totals $3,623/mo, and annual cash flow totals $30,932/yr on $56,024 capital. ROI tracks 75.12% on current figures, and rental yield reads 25.73% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 398.93% and total cumulative return in cash sums $223,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,623/mo property income instead of your personal income.
Manufactured
Built in 1991
1,680 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LAURI JONES • RE/MAX ADVANTAGE
Mls Name: CRMLS
Mls Provider:
Mls ID: #EV24074113
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information