5001 W Florida Ave SPACE 73HemetCA92545
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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 5001 W Florida Ave SPACE 73, Hemet, CA, 92545 listed at $229,999 pairs $4,370/mo rent with a $1,126/mo payment to leave $2,947/mo cash flow. Total monthly income runs $4,370/mo, and annual cash flow reaches $35,363/yr on $76,245 cash to close. Return on cash invested measures 66.29% in year one, and rental yield registers 22.8% at a $229,999 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,544 by year five. Five-year ROI tracks 351.55% and total cumulative return in cash totals $268,038. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,370/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
1,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: Trisha Cardenas • Galaxy Homes
Mls Name: My State MLS
Mls ID: #11290835