421 Corte Verde #24UplandCA91786
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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 Upland at 421 Corte Verde #24, Upland, CA, 91786 uses $199,045 cash to close to unlock $810/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $3,810/mo, and a $2,961/mo payment keeps the spread at $68/mo. Purchase price stands at $605,000, and rental yield measures 7.56% with $3,810/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash records $210,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,810/mo property income covering a $2,961/mo payment rather than investor’s personal income.
Condo
Built in 1982
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91786, Upland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,061 (100%) |
| Owner Occupied HU | 9,216 (43.8%) |
| Renter Occupied HU | 11,150 (52.9%) |
| Vacant Housing Units | 695 ( 3.3%) |
| Median Home Value | $622,642 |
| Average Home Value | $625,941 |
Housing Distribution
Address Breakdown
Residential
20,214
Single Family
16,689
Multi-Family
3,525
Businesses
3,137
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Listed by: Jill Goldsmith • Californian Estates
Mls Name: CLAW
Mls ID: #25596255