634 Woodward 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 634 Woodward Ave, El Centro, CA, 92243 priced at $297,000 converts $2,640/mo rent into $757/mo cash flow after a $1,454/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $9,088/yr on $98,456 invested. Return on cash invested prints 29.14% in year one, and rental yield reads 10.67% against a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,056 by year five. Five-year ROI reaches 152.55% and total cumulative return in cash sums $150,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,454/mo payment, not borrower’s personal income.
Single Family
Built in 1952
7,053 sqft 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: Jose Fuchen • Legacy Real Estate & Home Loans
Mls Name: ICAOR
Mls Provider:
Mls ID: #24471145IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.