6063 Pebble Beach DrBanningCA92220
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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 Banning at 6063 Pebble Beach Dr, Banning, CA, 92220 uses $118,644 cash to close to unlock $2,865/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $2,453/mo, and a $1,752/mo payment keeps the spread at $239/mo. Purchase price stands at $357,900, and rental yield measures 8.22% with $2,453/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $98,881 over five years. Five-year ROI reaches 115.8% and total cumulative return in cash records $137,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $1,752/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.14 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: Carole Ann Elliott • Unique Marketing Concepts
Mls Name: CRMLS
Mls ID: #219139326DA