604 Gibbel RdHemetCA92543
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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 Hemet at 604 Gibbel Rd, Hemet, CA, 92543 priced at $261,500 pairs $2,220/mo rent with $602/mo cash flow after a $1,280/mo payment. Total monthly income equals $2,220/mo, and annual cash flow comes to $7,227/yr on $86,687 invested. Return on cash invested is 28.25% in year one, and rental yield stands at 10.19% on a $261,500 basis. Equity gained on principal adds $1,687/yr, and 5% annual appreciation accumulates to $72,248 by year five. Five-year ROI measures 147.59% and total cumulative return in cash reaches $127,940. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,280/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Nat Genis • The Nat Genis Team, INC.
Mls Name: CRMLS
Mls ID: #SW25266667