470 W Wilson StBanningCA92220
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Nearby investment properties with comparable prices
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
Rental property for sale in Banning at 470 W Wilson St, Banning, CA, 92220 offers $1,974/mo rent that, after a $978/mo payment, leaves $738/mo cash flow. Total monthly income is $1,974/mo, and annual cash flow is $8,853/yr on $66,267 cash. Return on cash invested measures 33.27% in year one, and rental yield stands at 11.85% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 174.5% and total cumulative return in cash reaches $115,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,974/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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Listed by: Gina Roquet • CENTURY 21 LOIS LAUER REALTY
Mls Name: CRMLS
Mls ID: #IG25197130