59347 State Highway 74, Mountain Center, CA, 92561 | $854/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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59347 State Highway 74, Mountain Center, CA, 92561 | $854/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mountain Center at 59347 State Highway 74, Mountain Center, CA, 92561 generates $3,329/mo in rent and, after a $1,958/mo payment, leaves $854/mo in cash flow. Total monthly income is $3,329/mo, and annual cash flow is $10,252/yr on $132,600 invested. Return on cash invested sits at 27.64% in year one, and rental yield is 9.99% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 144.32% and total cumulative return in cash sums $191,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,329/mo property income rather than buyer’s personal income.

Single Family

Built in 1942

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Thomas Mountain Village home. Built in 1942, the current owners have put much love in the home and it is looking for a new owner to keep loving it! The Living Room picture window looks north to the picturesque San Jacinto mountain peaks. Stone fireplace offers a warm gathering place for family and friends. The Dining area, adjacent to the Kitchen, Primary Bedroom/Family Room and three quarter bath complete the first floor. Upstairs on the second floor is the additional sleeping area and Bath are on the Second Level, plus a potential third sleeping area, accessed through the second floor bedroom. The .19 acre property has lots of potential and the home is located within about 20 minutes to Idyllwild and about 40 minutes from El Paseo dining and shopping in Palm Desert. There is a whimsical restaurant called the Paradise Corner Cafe a few miles east the corner of Highway 74 and Highway 371. There are a myriad of hiking and riding trails nearby and the property isn't too far from Lake Hemet! Easy to show!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92561, Mountain Center, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,163 (100%)
Owner Occupied HU	743 (63.9%)
Renter Occupied HU	164 (14.1%)
Vacant Housing Units	256 (22.0%)
Median Home Value	$703,457
Average Home Value	$756,470