31596 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
Rental property for sale in Homeland at 31596 Allen Ave, Homeland, CA, 92548 generates $2,596/mo in rent and, after a $1,645/mo payment, leaves $517/mo in cash flow. Total monthly income is $2,596/mo, and annual cash flow is $6,204/yr on $111,384 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.27% on a $335,999 entry. Equity gained on principal adds $2,168/yr, while 5% annual appreciation builds toward $92,830 over five years. Five-year ROI reaches 132.7% and total cumulative return in cash sums $147,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.
Manufactured
Built in 1967
10,019 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: William Johnson • William Johnson, Broker
Mls Name: CRMLS
Mls ID: #OC25253059