59 W 2nd StHeberCA92249
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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 Heber at 59 W 2nd St, Heber, CA, 92249 offers a 7.84% rental yield on a $460,000 purchase with $3,007/mo rent. Total monthly income registers $3,007/mo, and a $2,251/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,942/yr on $152,490 to close, and return on cash invested stands at 21.18% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 109.66% and total cumulative return in cash at $167,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,007/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92249, Heber, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,249 (66.8%) |
| Renter Occupied HU | 554 (29.6%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $332,287 |
| Average Home Value | $332,096 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,327
Multi-Family
0
Businesses
68
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Listed by: Matthew Cowie • Prince & Associates Realtors
Mls Name: ICAOR
Mls Provider:
Mls ID: #25540229IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.