360 E Avenue LCalimesaCA92320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Calimesa at 360 E Avenue L, Calimesa, CA, 92320 earns from $3,630/mo rent with a $2,932/mo payment. Total monthly income totals $3,630/mo. ROI tracks 19.6% on current figures, and rental yield reads 7.27% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 101.16% and total cumulative return in cash sums $199,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,630/mo property income instead of your personal income.
Single Family
Built in 1954
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
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Listed by: Sherry Anderegg • COLDWELL BANKER KIVETT-TEETERS
Mls Name: CRMLS
Mls ID: #IG25226300