470 W Olive AveEl CentroCA92243
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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 El Centro at 470 W Olive Ave, El Centro, CA, 92243 earns from $2,003/mo rent with a $2,936/mo payment. Total monthly income totals $2,003/mo. ROI tracks 9.68% on current figures, and rental yield reads 4.01% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 47.95% and total cumulative return in cash sums $94,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.
Multi Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Charles G Couri • Keller Williams Realty
Mls Name: SDMLS
Mls ID: #250038191