30810 Paradise Palm AveHomelandCA92548
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
Investment property for sale in Homeland at 30810 Paradise Palm Ave, Homeland, CA, 92548 offers a 8.52% rental yield on a $249,000 purchase with $1,768/mo rent. Total monthly income registers $1,768/mo, and a $1,219/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,728/yr on $82,544 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 120.6% and total cumulative return in cash at $99,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,768/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Bassett • Bassett & Associates, REALTORS
Mls Name: CRMLS
Mls ID: #SW25278564