3984 Florence StHemetCA92545
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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 Hemet at 3984 Florence St, Hemet, CA, 92545 uses $160,778 cash to close to unlock $4,146/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $3,346/mo, and a $2,374/mo payment keeps the spread at $346/mo. Purchase price stands at $485,000, and rental yield measures 8.28% with $3,346/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 116.67% and total cumulative return in cash records $187,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,346/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: Michelle Bassett • Bassett & Associates, REALTORS
Mls Name: CRMLS
Mls ID: #SW25259152