624 Orchard DrRedlandsCA92374
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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 Redlands at 624 Orchard Dr, Redlands, CA, 92374 priced at $615,000 pairs $3,672/mo rent with after a $3,010/mo payment. Total monthly income equals $3,672/mo. Return on cash invested is 19.28% in year one, and rental yield stands at 7.16% on a $615,000 basis. Equity gained on principal adds $3,969/yr, and 5% annual appreciation accumulates to $169,913 by year five. Five-year ROI measures 99.41% and total cumulative return in cash reaches $201,149. For financing, Ziffy Mortgage’s DSCR program evaluates $3,672/mo property income against a $3,010/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
6,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92374, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,699 (100%) |
| Owner Occupied HU | 9,435 (56.5%) |
| Renter Occupied HU | 6,368 (38.1%) |
| Vacant Housing Units | 896 ( 5.4%) |
| Median Home Value | $575,888 |
| Average Home Value | $593,358 |
Housing Distribution
Address Breakdown
Residential
15,489
Single Family
13,777
Multi-Family
1,712
Businesses
1,130
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Listed by: FATIMA ABDELAZIZ • KELLER WILLIAMS REALTY
Mls Name: CRMLS
Mls ID: #IG25220576