28986 Merris StHighlandCA92346
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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 Highland at 28986 Merris St, Highland, CA, 92346 earns $209/mo cash flow from $2,064/mo rent with a $1,468/mo payment. Total monthly income totals $2,064/mo, and annual cash flow totals $2,502/yr on $99,450 capital. ROI tracks 22.42% on current figures, and rental yield reads 8.26% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 116.33% and total cumulative return in cash sums $115,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,064/mo property income instead of your personal income.
Single Family
Built in 1935
7,988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92346, Highland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,777 (100%) |
| Owner Occupied HU | 12,349 (65.8%) |
| Renter Occupied HU | 5,857 (31.2%) |
| Vacant Housing Units | 571 ( 3.0%) |
| Median Home Value | $535,073 |
| Average Home Value | $542,183 |
Housing Distribution
Address Breakdown
Residential
18,431
Single Family
17,459
Multi-Family
972
Businesses
760
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Listed by: Roberta Rocha-Ayala • HOMESMART, EVERGREEN REALTY
Mls Name: CRMLS
Mls ID: #CV25152260