430 N Palm Ave SPACE 72HemetCA92543
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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 430 N Palm Ave SPACE 72, Hemet, CA, 92543 offers a 21.84% rental yield on a $110,000 purchase with $2,002/mo rent. Total monthly income registers $2,002/mo, and a $538/mo payment leaves $1,322/mo available for distribution. Annual cash flow reaches $15,863/yr on $36,465 to close, and return on cash invested stands at 63.41% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 336.12% and total cumulative return in cash at $122,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,002/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Ivan Rodriguez • ACTION MOBILE HOMES
Mls Name: My State MLS
Mls ID: #11328698