511 Madrid StHemetCA92545
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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 511 Madrid St, Hemet, CA, 92545 listed at $569,000 pairs $4,751/mo rent with a $2,785/mo payment to leave $1,231/mo cash flow. Total monthly income runs $4,751/mo, and annual cash flow reaches $14,772/yr on $187,201 cash to close. Return on cash invested measures 27.95% in year one, and rental yield registers 10.02% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 145.95% and total cumulative return in cash totals $273,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,751/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
8,276 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: Imelda Manzo • Premier One REALTORS
Mls Name: CRMLS
Mls ID: #SW25275158