402 Blair AveCalexicoCA92231
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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 Calexico at 402 Blair Ave, Calexico, CA, 92231 priced at $200,000 converts $3,216/mo rent into $1,979/mo cash flow after a $979/mo obligation. Total monthly income equals $3,216/mo, and annual cash flow totals $23,744/yr on $66,300 invested. Return on cash invested prints 55.72% in year one, and rental yield reads 19.3% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 294.91% and total cumulative return in cash sums $195,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,216/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1964
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92231, Calexico, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,053 (100%) |
| Owner Occupied HU | 5,420 (49.0%) |
| Renter Occupied HU | 5,213 (47.2%) |
| Vacant Housing Units | 420 ( 3.8%) |
| Median Home Value | $340,739 |
| Average Home Value | $380,252 |
Housing Distribution
Address Breakdown
Residential
10,558
Single Family
9,609
Multi-Family
949
Businesses
968
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Listed by: Jennifer Felix • Exit Imperial Realty
Mls Name: ICAOR
Mls ID: #25582391IC