408 Hernandez CtCalexicoCA92231
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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 Calexico at 408 Hernandez Ct, Calexico, CA, 92231 uses $117,683 cash to close to unlock $11,801/yr annual cash flow and $983/mo monthly cash flow. Total monthly income runs $3,180/mo, and a $1,738/mo payment keeps the spread at $983/mo. Purchase price stands at $355,000, and rental yield measures 10.75% with $3,180/mo rent. Return on cash invested shows 29.94% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 156.62% and total cumulative return in cash records $184,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,180/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1972
6,550 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: Salvador Carrillo Jr. • Homeview Real Estate
Mls Name: ICAOR
Mls Provider:
Mls ID: #25541423IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.