30807 Pitch Pine DrHomelandCA92548
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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 Homeland at 30807 Pitch Pine Dr, Homeland, CA, 92548 offers a 8.4% rental yield on a $515,000 purchase with $3,607/mo rent. Total monthly income registers $3,607/mo, and a $2,521/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,049/yr on $169,435 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 119.59% and total cumulative return in cash at $202,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,607/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92548, Homeland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,231 (71.5%) |
| Renter Occupied HU | 695 (22.3%) |
| Vacant Housing Units | 195 ( 6.2%) |
| Median Home Value | $247,066 |
| Average Home Value | $392,761 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
1,936
Multi-Family
523
Businesses
51
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Listed by: Jennifer Summers • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SW25261655