49121 Cedar DrMorongo ValleyCA92256
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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
Rental property for sale in Morongo Valley at 49121 Cedar Dr, Morongo Valley, CA, 92256 generates $2,705/mo in rent, after a $4,552/mo payment. Total monthly income is $2,705/mo. Return on cash invested sits at 8.11% in year one, and rental yield is 3.49% on a $930,000 entry. Equity gained on principal adds $6,001/yr, while 5% annual appreciation builds toward $256,942 over five years. Five-year ROI reaches 39.51% and total cumulative return in cash sums $120,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,705/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92256, Morongo Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,993 (100%) |
| Owner Occupied HU | 1,219 (61.2%) |
| Renter Occupied HU | 434 (21.8%) |
| Vacant Housing Units | 340 (17.1%) |
| Median Home Value | $248,684 |
| Average Home Value | $294,684 |
Housing Distribution
Address Breakdown
Residential
1,512
Single Family
1,512
Multi-Family
0
Businesses
85
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Listed by: Bryan Wynwood • Joshua Tree Modern
Mls Name: CRMLS
Mls ID: #JT25180729