293 Country Club DrCalimesaCA92320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Calimesa at 293 Country Club Dr, Calimesa, CA, 92320 priced at $609,900 converts $4,504/mo rent into $731/mo cash flow after a $2,985/mo obligation. Total monthly income equals $4,504/mo, and annual cash flow totals $8,775/yr on $200,657 invested. Return on cash invested prints 24.43% in year one, and rental yield reads 8.86% against a $609,900 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,504 by year five. Five-year ROI reaches 127.08% and total cumulative return in cash sums $255,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,504/mo property income covering a $2,985/mo payment, not borrower’s personal income.
Single Family
Built in 2020
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Khorramian • MAINSTREET REALTORS
Mls Name: CRMLS
Mls ID: #CV25221730