331 W 2nd StPerrisCA92570
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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 Perris at 331 W 2nd St, Perris, CA, 92570 listed at $338,000 pairs $2,530/mo rent with a $1,654/mo payment to leave $439/mo cash flow. Total monthly income runs $2,530/mo, and annual cash flow reaches $5,273/yr on $112,047 cash to close. Return on cash invested measures 24.62% in year one, and rental yield registers 8.98% at a $338,000 basis. Equity gained on principal adds $2,181/yr, and annual property appreciation at 5% supports $93,383 by year five. Five-year ROI tracks 128.09% and total cumulative return in cash totals $143,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,530/mo property income relative to a $1,654/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92570, Perris, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,545 (100%) |
| Owner Occupied HU | 10,603 (64.1%) |
| Renter Occupied HU | 5,198 (31.4%) |
| Vacant Housing Units | 744 ( 4.5%) |
| Median Home Value | $582,433 |
| Average Home Value | $608,559 |
Housing Distribution
Address Breakdown
Residential
15,141
Single Family
14,473
Multi-Family
668
Businesses
472
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Listed by: Jose Mora • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25009076