59 W 2nd StHeberCA92249
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.84% yield at 59 W 2nd St, Heber, CA, 92249 in Heber is solid, but the $2,068/mo payment compresses net cash flow to $162/mo at $460,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $127,090 by year five, and $4,237/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.45) without U.S. income documentation. Total projected return: $184,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.0% |
| Monthly Cash Flow | $162 | $200 |
City averages based on Heber market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,007 |
| Total Monthly Debt Service | $2,663 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.