255 Montezuma RdBorrego SpringsCA92004
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 Borrego Springs at 255 Montezuma Rd, Borrego Springs, CA, 92004 offers a 7.66% rental yield on a $775,000 purchase with $4,944/mo rent. Total monthly income registers $4,944/mo, and a $3,793/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,799/yr on $254,975 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $5,001/yr while 5% annual appreciation supports $214,118 over five years. Portfolio math shows five-year ROI at 107.39% and total cumulative return in cash at $273,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,944/mo property income against a $3,793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92004, Borrego Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,999 (100%) |
| Owner Occupied HU | 1,242 (41.4%) |
| Renter Occupied HU | 388 (12.9%) |
| Vacant Housing Units | 1,369 (45.6%) |
| Median Home Value | $556,818 |
| Average Home Value | $811,886 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory Snow • Cal State Realty Services
Mls Name: CRMLS
Mls ID: #NDP2511267