3054 Homeward StHemetCA92543
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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
Rental property for sale in Hemet at 3054 Homeward St, Hemet, CA, 92543 priced at $489,999 converts $5,659/mo rent into $2,628/mo cash flow after a $2,398/mo obligation. Total monthly income equals $5,659/mo, and annual cash flow totals $31,537/yr on $162,435 invested. Return on cash invested prints 39.32% in year one, and rental yield reads 13.86% against a $489,999 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 206.97% and total cumulative return in cash sums $336,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,659/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Nydia Del Rio • Pak Home Realty
Mls Name: GAVAR
Mls Provider:
Mls ID: #24005040
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.