281 Singleton Canyon RdCalimesaCA92320
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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 Calimesa at 281 Singleton Canyon Rd, Calimesa, CA, 92320 offers a 8.3% rental yield on a $715,000 purchase with $4,943/mo rent. Total monthly income registers $4,943/mo, and a $3,500/mo payment leaves $519/mo available for distribution. Annual cash flow reaches $6,233/yr on $235,235 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $4,614/yr while 5% annual appreciation supports $197,541 over five years. Portfolio math shows five-year ROI at 117.83% and total cumulative return in cash at $277,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,943/mo property income against a $3,500/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
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Listed by: Cristina Caministeanu • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #IG25190388