24589 Burngan AveOro GrandeCA92368
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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 Oro Grande at 24589 Burngan Ave, Oro Grande, CA, 92368 generates $3,916/mo in rent, after a $7,317/mo payment. Total monthly income is $3,916/mo. Return on cash invested sits at 7.16% in year one, and rental yield is 3.14% on a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 34.37% and total cumulative return in cash sums $166,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,916/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92368, Oro Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 192 (44.9%) |
| Renter Occupied HU | 113 (26.4%) |
| Vacant Housing Units | 123 (28.7%) |
| Median Home Value | $385,000 |
| Average Home Value | $397,227 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
36
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Listed by: Kristen Maley • Landcore Realty
Mls Name: CRMLS
Mls ID: #HD26015286