340 W Congress StColtonCA92324
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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 Colton at 340 W Congress St, Colton, CA, 92324 generates $3,475/mo in rent and, after a $2,668/mo payment, leaves $103/mo in cash flow. Total monthly income is $3,475/mo, and annual cash flow is $1,236/yr on $179,305 invested. Return on cash invested sits at 20.75% in year one, and rental yield is 7.65% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 107.35% and total cumulative return in cash sums $192,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,475/mo property income rather than buyer’s personal income.
Multi Family
Built in 1926
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
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Listed by: Norair Youssefian • Nick-Nick Realty
Mls Name: CRMLS
Mls ID: #GD25278043