38540 Alva DrCherry ValleyCA92223
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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 Cherry Valley at 38540 Alva Dr, Cherry Valley, CA, 92223 generates $5,272/mo in rent, after a $5,873/mo payment. Total monthly income is $5,272/mo. Return on cash invested sits at 13.03% in year one, and rental yield is 5.27% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 66.12% and total cumulative return in cash sums $257,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92223, Beaumont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,637 (100%) |
| Owner Occupied HU | 17,755 (78.4%) |
| Renter Occupied HU | 4,127 (18.2%) |
| Vacant Housing Units | 755 ( 3.3%) |
| Median Home Value | $576,247 |
| Average Home Value | $598,678 |
Housing Distribution
Address Breakdown
Residential
21,705
Single Family
20,067
Multi-Family
1,638
Businesses
904
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Listed by: Chris Davis • Idyllwild Realty-Village Center Office
Mls Name: Idyllwild MLS
Mls ID: #2011006
Disclaimer: Copyright Idyllwild Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.