331 S Nordina StRedlandsCA92373
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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
Total monthly income runs $3,895/mo, and a $3,793/mo payment. Purchase price stands at $775,000, and rental yield measures 6.03% with $3,895/mo rent. Return on cash invested shows 15.83% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 80.91% and total cumulative return in cash records $206,311. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,895/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1904
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
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Listed by: Marjorie Lewis • RE/MAX ADVANTAGE
Mls Name: CRMLS
Mls ID: #IG25173462