31656 Cobalite DrWinchesterCA92596
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 Winchester at 31656 Cobalite Dr, Winchester, CA, 92596 uses $195,028 cash to close to unlock $5,680/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $4,140/mo, and a $2,901/mo payment keeps the spread at $473/mo. Purchase price stands at $592,790, and rental yield measures 8.38% with $4,140/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $163,777 over five years. Five-year ROI reaches 119.25% and total cumulative return in cash records $232,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,140/mo property income covering a $2,901/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92596, Winchester, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 10,657 (84.7%) |
| Renter Occupied HU | 1,426 (11.3%) |
| Vacant Housing Units | 503 ( 4.0%) |
| Median Home Value | $647,281 |
| Average Home Value | $684,291 |
Housing Distribution
Address Breakdown
Residential
10,908
Single Family
10,671
Multi-Family
237
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A