26597 Meridian StHemetCA92544
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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 Hemet at 26597 Meridian St, Hemet, CA, 92544 listed at $499,000 pairs $3,079/mo rent with a $2,442/mo payment. Total monthly income runs $3,079/mo. Return on cash invested measures 19.85% in year one, and rental yield registers 7.4% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 102.55% and total cumulative return in cash totals $169,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,079/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
10,019 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: Jose Valdez • Town & Country Real Estate
Mls Name: CRMLS
Mls ID: #IG25175192