314 Magnolia AveEl CentroCA92243
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 El Centro at 314 Magnolia Ave, El Centro, CA, 92243 at $285,000 posts ROI 31.05% with $877/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $10,522/yr on $94,478 to close. Return on cash invested measures 31.05% and rental yield reads 11.12% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 162.55% and total cumulative return in cash totals $153,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
9,231 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Salvador Carrillo Jr. • Homeview Real Estate
Mls Name: ICAOR
Mls ID: #25603847IC