424 Tierra Baja WayHemetCA92545
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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 424 Tierra Baja Way, Hemet, CA, 92545 with 5% annual appreciation on a $219,900 basis while $2,024/mo rent supports operations. Total monthly income totals $2,024/mo and a $1,076/mo payment preserves $664/mo for cash returns. Annual cash flow comes to $7,968/yr on $72,897 deployed, and return on cash invested reaches 30.84% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 11.05%. Five-year ROI measures 161.44% and total cumulative return in cash totals $117,688.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,024/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
4,356 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: Janet Wiley-Green • Feigen Realty Group
Mls Name: CRMLS
Mls ID: #SW25277614