509 E Central AveHemetCA92543
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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 Hemet at 509 E Central Ave, Hemet, CA, 92543 generates $3,839/mo in rent, after a $8,443/mo payment. Total monthly income is $3,839/mo. Return on cash invested sits at 5.7% in year one, and rental yield is 2.67% on a $1,725,000 entry. Equity gained on principal adds $11,131/yr, while 5% annual appreciation builds toward $476,586 over five years. Five-year ROI reaches 26.54% and total cumulative return in cash sums $148,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,839/mo property income rather than buyer’s personal income.
Multi Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Kristopher German • RE/MAX 2000 REALTY
Mls Name: CRMLS
Mls ID: #CV25151759