346 E 5th St #362WestmorlandCA92281
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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 Westmorland at 346 E 5th St #362, Westmorland, CA, 92281 listed at $425,000 pairs $750/mo rent with a $2,080/mo payment. Total monthly income runs $750/mo. Return on cash invested measures 3.91% in year one, and rental yield registers 2.12% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 17.05% and total cumulative return in cash totals $24,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $750/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92281, Westmorland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 325 (46.0%) |
| Renter Occupied HU | 346 (48.9%) |
| Vacant Housing Units | 36 ( 5.1%) |
| Median Home Value | $369,545 |
| Average Home Value | $394,346 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
45
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Listed by: Victor D. Conner • Victor D. Conner, Broker
Mls Name: ICAOR
Mls ID: #25616407IC