2920 Briarwood Rd UNIT I1BonitaCA91902
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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 Bonita at 2920 Briarwood Rd UNIT I1, Bonita, CA, 91902 uses $164,093 cash to close to unlock $1,483/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $3,186/mo, and a $2,423/mo payment keeps the spread at $124/mo. Purchase price stands at $495,000, and rental yield measures 7.72% with $3,186/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash records $176,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91902, Bonita, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,202 (100%) |
| Owner Occupied HU | 4,630 (74.7%) |
| Renter Occupied HU | 1,325 (21.4%) |
| Vacant Housing Units | 247 ( 4.0%) |
| Median Home Value | $943,750 |
| Average Home Value | $1,048,613 |
Housing Distribution
Address Breakdown
Residential
6,096
Single Family
5,496
Multi-Family
600
Businesses
252
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Listed by: Jay Johnson • LPT Realty, Inc.
Mls Name: CRMLS
Mls ID: #PTP2508944