3022 Parvin LnColtonCA92324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3022 Parvin Ln, Colton, CA, 92324 in Colton: $7,267/mo in rent, $2,634/mo net, 11.64% gross yield, all on a $749,000 acquisition. The 2.16 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $206,935 in value, and $6,898/yr in principal paydown steadily builds equity. Projected total cumulative return: $453,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.2% |
| Monthly Cash Flow | $2,634 | $300 |
City averages based on Colton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,267 |
| Total Monthly Debt Service | $4,335 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
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
Single Family
Built in 2024
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices