588 N Pico AveSan BernardinoCA92411
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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 San Bernardino at 588 N Pico Ave, San Bernardino, CA, 92411 offers a 9.37% rental yield on a $440,000 purchase with $3,434/mo rent. Total monthly income registers $3,434/mo, and a $2,154/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,540/yr on $145,860 to close, and return on cash invested stands at 25.76% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 134.24% and total cumulative return in cash at $195,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,434/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
7,333 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92411, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 3,419 (47.5%) |
| Renter Occupied HU | 3,522 (49.0%) |
| Vacant Housing Units | 250 ( 3.5%) |
| Median Home Value | $375,081 |
| Average Home Value | $394,797 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
6,455
Multi-Family
527
Businesses
434
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Listed by: ROSA ROBLES • 3D REALTY
Mls Name: CRMLS
Mls ID: #IV25165056