350 Sherwood 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
Investment property for sale in Redlands at 350 Sherwood St, Redlands, CA, 92373 at $475,000 posts ROI 24.53% with $606/mo cash flow from $3,545/mo rent. Total monthly income equals $3,545/mo, and annual cash flow records $7,277/yr on $157,463 to close. Return on cash invested measures 24.53% and rental yield reads 8.96% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 127.62% and total cumulative return in cash totals $200,959.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,545/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
7,800 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: COLEEN WESSEL • Berkshire Hathaway Homeservices California Realty
Mls Name: CRMLS
Mls ID: #IG25172931