290 Morongo DrImperialCA92251
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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 Imperial at 290 Morongo Dr, Imperial, CA, 92251 with 5% annual appreciation on a $342,000 basis while $2,135/mo rent supports operations. Total monthly income totals $2,135/mo and a $1,674/mo payment preserves $3/mo for cash returns. Annual cash flow comes to $36/yr on $113,373 deployed, and return on cash invested reaches 19.94% in year one. Equity gained on principal adds $2,207/yr, and five-year appreciation sums $94,488 alongside rental yield of 7.49%. Five-year ROI measures 103.06% and total cumulative return in cash totals $116,842.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,135/mo property income versus a $1,674/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
3,476 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92251, Imperial, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,325 (100%) |
| Owner Occupied HU | 5,105 (69.7%) |
| Renter Occupied HU | 1,949 (26.6%) |
| Vacant Housing Units | 271 ( 3.7%) |
| Median Home Value | $357,752 |
| Average Home Value | $374,368 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
7,604
Multi-Family
196
Businesses
373
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Listed by: Jitendra Goyal • Exit Imperial Realty
Mls Name: ICAOR
Mls Provider:
Mls ID: #25571735IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.