2863 April LnGlencoeCA95232
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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 Glencoe at 2863 April Ln, Glencoe, CA, 95232 priced at $749,000 pairs $3,061/mo rent with after a $3,666/mo payment. Total monthly income equals $3,061/mo. Return on cash invested is 11.86% in year one, and rental yield stands at 4.9% on a $749,000 basis. Equity gained on principal adds $4,833/yr, and 5% annual appreciation accumulates to $206,935 by year five. Five-year ROI measures 59.83% and total cumulative return in cash reaches $147,436. For financing, Ziffy Mortgage’s DSCR program evaluates $3,061/mo property income against a $3,666/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
15.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95232, Glencoe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 113 (64.9%) |
| Renter Occupied HU | 15 ( 8.6%) |
| Vacant Housing Units | 46 (26.4%) |
| Median Home Value | $625,000 |
| Average Home Value | $659,513 |
Housing Distribution
Address Breakdown
Residential
30
Single Family
30
Multi-Family
0
Businesses
3
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Listed by: Kandi Thompson • BHHS-Divine Properties
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224128475
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.