27831 Covington WaySun CityCA92586
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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 Sun City at 27831 Covington Way, Sun City, CA, 92586 uses $132,600 cash to close to unlock $4,204/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $1,958/mo payment keeps the spread at $350/mo. Purchase price stands at $400,000, and rental yield measures 8.48% with $2,825/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash records $158,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92586, Sun City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,102 (100%) |
| Owner Occupied HU | 7,432 (66.9%) |
| Renter Occupied HU | 3,110 (28.0%) |
| Vacant Housing Units | 560 ( 5.0%) |
| Median Home Value | $379,606 |
| Average Home Value | $434,257 |
Housing Distribution
Address Breakdown
Residential
10,738
Single Family
10,342
Multi-Family
396
Businesses
557
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Listed by: Andrew Lewis • Real Brokerage Technologies
Mls Name: CRMLS
Mls ID: #SW25214590