415 E 3rd StCalexicoCA92231
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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 415 E 3rd St, Calexico, CA, 92231 generates $1,863/mo in rent and, after a $1,317/mo payment, leaves $199/mo in cash flow. Total monthly income is $1,863/mo, and annual cash flow is $2,382/yr on $89,174 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.31% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 117.2% and total cumulative return in cash sums $104,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,863/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
7,000 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: Annette Fortier • Real Estate and Development Services
Mls Name: ICAOR
Mls ID: #25622107IC