26030 New Chicago AveHemetCA92544
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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 Hemet at 26030 New Chicago Ave, Hemet, CA, 92544 offers $2,441/mo rent that, after a $1,273/mo payment, leaves $832/mo cash flow. Total monthly income is $2,441/mo, and annual cash flow is $9,986/yr on $86,190 cash. Return on cash invested measures 31.5% in year one, and rental yield stands at 11.27% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 165% and total cumulative return in cash reaches $142,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,441/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92544, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,961 (100%) |
| Owner Occupied HU | 10,679 (63.0%) |
| Renter Occupied HU | 5,252 (31.0%) |
| Vacant Housing Units | 1,030 ( 6.1%) |
| Median Home Value | $483,368 |
| Average Home Value | $527,680 |
Housing Distribution
Address Breakdown
Residential
16,610
Single Family
15,720
Multi-Family
890
Businesses
489
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Listed by: Allison Kawano • Exp Realty Of California, Inc
Mls Name: eXp Realty
Mls ID: #CRNDP2406756