45521 State Highway 74 SPACE 104, Hemet, CA, 92544 | $179/mo Cash Flow

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45521 State Highway 74 SPACE 104, Hemet, CA, 92544 | $179/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hemet at 45521 State Highway 74 SPACE 104, Hemet, CA, 92544 uses $43,095 cash to close to unlock $2,149/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $983/mo, and a $636/mo payment keeps the spread at $179/mo. Purchase price stands at $129,999, and rental yield measures 9.07% with $983/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $35,916 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash records $55,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $636/mo payment rather than investor’s personal income.

Manufactured

Built in 1976

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to ALL AGE Vista De Oro Mobile home park! Unit 104 has been newly renovated and ready for its new owner in a beautiful and quiet community! As you enter the home, you will find an open concept layout, kitchen is equipped with all brand new countertops, cabinets, stove, sink, faucets and dishwasher. Just off the Kitchen is the primary bedroom with a walk in closet and the master bathroom has new toilet, sinks, cabinets and resurfaced tub/shower combo. On the other side of the kitchen you will find the laundry room, washer and dryer hook-ups with access to the carport. Down the hall you will also find a BONUS ROOM for an office! You can also enjoy a brand new fully shaded porch and a two car parking port. OTHER UPGRADES: New roof, new windows, new water heater, new bedroom closet doors, new siding, new laminate waterproof flooring throughout, plumbing, new paint inside and out, new foundation support beams and all brand new foundation installation of the mobile home with earthquake system. Conveniently close to parks, Orange groves, shopping centers, Valle Vista Elementary school, Hemet High school and much more! Park approval needed, Space Rent $912 mo, 5 year lease, Sold as is condition, buyer do your due diligence. Raise your family in a safe neighborhood with breathtaking views of our valley's mountains, as well as enjoying the cool and the fresh air the surrounding orange groves provide! Don't miss out, schedule your appointment now!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92544, Hemet, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,961 (100%)
Owner Occupied HU	10,679 (63.0%)
Renter Occupied HU	5,252 (31.0%)
Vacant Housing Units	1,030 ( 6.1%)
Median Home Value	$483,368
Average Home Value	$527,680