31535 Contour AveNuevoCA92567
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 Nuevo at 31535 Contour Ave, Nuevo, CA, 92567 earns from $3,497/mo rent with a $2,932/mo payment. Total monthly income totals $3,497/mo. ROI tracks 18.79% on current figures, and rental yield reads 7.01% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 96.81% and total cumulative return in cash sums $190,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,497/mo property income instead of your personal income.
Single Family
Built in 1990
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92567, Nuevo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,224 (100%) |
| Owner Occupied HU | 2,407 (74.7%) |
| Renter Occupied HU | 661 (20.5%) |
| Vacant Housing Units | 156 ( 4.8%) |
| Median Home Value | $647,039 |
| Average Home Value | $684,224 |
Housing Distribution
Address Breakdown
Residential
2,640
Single Family
2,640
Multi-Family
0
Businesses
125
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Listed by: Joshua Huizar • KW College Park
Mls Name: CRMLS
Mls ID: #IG25267315