267 Olive StClaremontCA91711
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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 Claremont at 267 Olive St, Claremont, CA, 91711 generates $2,939/mo in rent, after a $6,358/mo payment. Total monthly income is $2,939/mo. Return on cash invested sits at 5.84% in year one, and rental yield is 2.72% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 27.29% and total cumulative return in cash sums $114,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,939/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
9,830 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91711, Claremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,515 (100%) |
| Owner Occupied HU | 8,136 (60.2%) |
| Renter Occupied HU | 4,606 (34.1%) |
| Vacant Housing Units | 773 ( 5.7%) |
| Median Home Value | $903,604 |
| Average Home Value | $1,020,082 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
11,510
Multi-Family
1,198
Businesses
1,407
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Listed by: Veronica Bertrand • Red Diamond Realty
Mls Name: CRMLS
Mls ID: #PW26007120