2490 Shore Jewel AveThermalCA92274
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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 Thermal at 2490 Shore Jewel Ave, Thermal, CA, 92274 uses $104,423 cash to close to unlock $7,309/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $2,558/mo, and a $1,542/mo payment keeps the spread at $609/mo. Purchase price stands at $315,000, and rental yield measures 9.74% with $2,558/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 140.41% and total cumulative return in cash records $146,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,558/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1994
10,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Listed by: Paola Soto • HomeSmart
Mls Name: CRMLS
Mls ID: #219138795DA