2959 Havasu CtHighlandCA92346
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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 2959 Havasu Ct, Highland, CA, 92346 uses $160,778 cash to close to unlock $10,206/yr annual cash flow and $851/mo monthly cash flow. Total monthly income runs $3,851/mo, and a $2,374/mo payment keeps the spread at $851/mo. Purchase price stands at $485,000, and rental yield measures 9.53% with $3,851/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 136.89% and total cumulative return in cash records $220,082. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,851/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,073 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: KAREN URRUTIA • LIGHTHOUSE REALTY ASSOC INC
Mls Name: CRMLS
Mls ID: #IV25248882