5992 Eagle Trace LnBanningCA92220
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
Rental property for sale in Banning at 5992 Eagle Trace Ln, Banning, CA, 92220 generates $2,474/mo in rent and, after a $1,786/mo payment, leaves $217/mo in cash flow. Total monthly income is $2,474/mo, and annual cash flow is $2,600/yr on $120,964 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 8.14% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 114.37% and total cumulative return in cash sums $138,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
4,356 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: BENJAMIN ESCALERA • Berkshire Hathaway Homeservices California Realty
Mls Name: CRMLS
Mls ID: #IG25208872