3137 E Discovery StOntarioCA91762
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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 Ontario at 3137 E Discovery St, Ontario, CA, 91762 generates $3,894/mo in rent, after a $3,421/mo payment. Total monthly income is $3,894/mo. Return on cash invested sits at 17.82% in year one, and rental yield is 6.68% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 91.59% and total cumulative return in cash sums $210,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,894/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
2,430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91762, Ontario, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,761 (100%) |
| Owner Occupied HU | 11,723 (56.5%) |
| Renter Occupied HU | 8,429 (40.6%) |
| Vacant Housing Units | 609 ( 2.9%) |
| Median Home Value | $631,254 |
| Average Home Value | $649,497 |
Housing Distribution
Address Breakdown
Residential
20,185
Single Family
17,971
Multi-Family
2,214
Businesses
1,895
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Listed by: Joy Olea • First Team Real Estate
Mls Name: CRMLS
Mls ID: #PW25226313