51535 Northridge RdMorongo 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
Investment property for sale in Morongo Valley at 51535 Northridge Rd, Morongo Valley, CA, 92256 offers a 7.11% rental yield on a $405,000 purchase with $2,400/mo rent. 97% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 97.79% and total cumulative return in cash at $131,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
2.50 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: Laura Clark • Equity Union
Mls Name: CRMLS
Mls ID: #219132385DA