2904 Oleta LnHighlandCA92346
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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 2904 Oleta Ln, Highland, CA, 92346 uses $165,419 cash to close to unlock $12,329/yr annual cash flow and $1,027/mo monthly cash flow. Total monthly income runs $4,114/mo, and a $2,442/mo payment keeps the spread at $1,027/mo. Purchase price stands at $499,000, and rental yield measures 9.89% with $4,114/mo rent. Return on cash invested shows 27.36% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 142.81% and total cumulative return in cash records $236,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,114/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1972
7,370 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: Pedro Herrera • PHF Real Estate Services
Mls Name: CRMLS
Mls ID: #CV26017059