552 N Hargrave StBanningCA92220
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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 Banning at 552 N Hargrave St, Banning, CA, 92220 priced at $299,900 pairs $1,680/mo rent with after a $1,468/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 17.79% in year one, and rental yield stands at 6.72% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 91.51% and total cumulative return in cash reaches $90,976. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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Listed by: Tammy Newsom • California Realty
Mls Name: BHHS broker feed
Mls ID: #IV25050406