29282 Pine DrCedar GlenCA92321
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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 Cedar Glen at 29282 Pine Dr, Cedar Glen, CA, 92321 uses $155,474 cash to close to unlock $6,158/yr annual cash flow and $513/mo monthly cash flow. Total monthly income runs $3,415/mo, and a $2,296/mo payment keeps the spread at $513/mo. Purchase price stands at $469,000, and rental yield measures 8.74% with $3,415/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash records $192,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,415/mo property income covering a $2,296/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92321, Cedar Glen, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 745 (100%) |
| Owner Occupied HU | 255 (34.2%) |
| Renter Occupied HU | 69 ( 9.3%) |
| Vacant Housing Units | 421 (56.5%) |
| Median Home Value | $802,835 |
| Average Home Value | $800,775 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: KELLY MARIN • Berkshire Hathaway HomeServices Drysdale Properties
Mls Name: CRMLS
Mls ID: #IV25154448