31485 Allen AveHomelandCA92548
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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 31485 Allen Ave, Homeland, CA, 92548 uses $130,943 cash to close to unlock $5,373/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $2,891/mo, and a $1,933/mo payment keeps the spread at $448/mo. Purchase price stands at $395,000, and rental yield measures 8.78% with $2,891/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash records $163,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,891/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
8,712 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: Enrique Morentin • Country Estates Realty
Mls Name: CRMLS
Mls ID: #SW25242889