284 Hanoverian DrHemetCA92545
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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 284 Hanoverian Dr, Hemet, CA, 92545 priced at $580,000 converts $4,838/mo rent into $1,250/mo cash flow after a $2,839/mo obligation. Total monthly income equals $4,838/mo, and annual cash flow totals $14,998/yr on $190,820 invested. Return on cash invested prints 27.92% in year one, and rental yield reads 10.01% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 145.76% and total cumulative return in cash sums $278,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,838/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: jiawen chen • Ameriway Realty
Mls Name: CRMLS
Mls ID: #OC25277679