2842 Gram DrThermalCA92274
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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 Thermal at 2842 Gram Dr, Thermal, CA, 92274 offers a 9.26% rental yield on a $310,000 purchase with $2,392/mo rent. Total monthly income registers $2,392/mo, and a $1,517/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,695/yr on $102,765 to close, and return on cash invested stands at 25.45% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 132.57% and total cumulative return in cash at $136,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,392/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Listed by: Maritza Garcia • HomeSmart
Mls Name: CRMLS
Mls ID: #219134430DA