600 Broadway AveEl CentroCA92243
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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
Rental property for sale in El Centro at 600 Broadway Ave, El Centro, CA, 92243 generates $1,211/mo in rent, after a $2,692/mo payment. Total monthly income is $1,211/mo. Return on cash invested sits at 5.53% in year one, and rental yield is 2.64% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 25.69% and total cumulative return in cash sums $46,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Paul J Magana • Windermere Real Estate
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219114441
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.