321 Spencer AveUplandCA91786
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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 Upland at 321 Spencer Ave, Upland, CA, 91786 offers a 7.86% rental yield on a $419,999 purchase with $2,750/mo rent. Total monthly income registers $2,750/mo, and a $2,056/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,818/yr on $139,230 to close, and return on cash invested stands at 21.21% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 109.85% and total cumulative return in cash at $152,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,750/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
994 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91786, Upland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 9,216 (43.8%) |
| Renter Occupied HU | 11,150 (52.9%) |
| Vacant Housing Units | 695 ( 3.3%) |
| Median Home Value | $622,642 |
| Average Home Value | $625,941 |
Housing Distribution
Address Breakdown
Residential
20,214
Single Family
16,689
Multi-Family
3,525
Businesses
3,137
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Listed by: Jing Chen • RE/MAX CHAMPIONS
Mls Name: CRMLS
Mls ID: #CV25190459