601 N Kirby St SPACE 499HemetCA92545
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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 Hemet at 601 N Kirby St SPACE 499, Hemet, CA, 92545 listed at $130,000 pairs $1,013/mo rent with a $636/mo payment to leave $209/mo cash flow. Total monthly income runs $1,013/mo, and annual cash flow reaches $2,509/yr on $43,095 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.35% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 134.14% and total cumulative return in cash totals $57,807. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,013/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: JACQUELINE TORRES • PARTNERS 4 LIFE REALTY, INC
Mls Name: CRMLS
Mls ID: #IV25167834