57 S 3rd StBanningCA92220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Banning at 57 S 3rd St, Banning, CA, 92220 at $439,600 posts ROI 20.04% with $16/mo cash flow from $2,736/mo rent. Total monthly income equals $2,736/mo, and annual cash flow records $194/yr on $145,727 to close. Return on cash invested measures 20.04% and rental yield reads 7.47% at the current $439,600. Equity gained on principal adds $2,837/yr, and 5% annual appreciation supports $121,453 by year five. Five-year ROI prints 103.58% and total cumulative return in cash totals $150,941.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,736/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
4,792 sqft 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: ROBERT WATKINS • RE/MAX TIME REALTY
Mls Name: CRMLS
Mls ID: #IV25251794