51 E 3rd StHeberCA92249
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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 Heber at 51 E 3rd St, Heber, CA, 92249 with 5% annual appreciation on a $400,000 basis while $2,220/mo rent supports operations. 6% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 6.66%. Five-year ROI measures 90.5% and total cumulative return in cash totals $120,004. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,220/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
5,930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92249, Heber, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,249 (66.8%) |
| Renter Occupied HU | 554 (29.6%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $332,287 |
| Average Home Value | $332,096 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,327
Multi-Family
0
Businesses
68
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Listed by: Daniel Meza • House And Commerce Real Estate
Mls Name: ICAOR
Mls ID: #25598277IC