638 N Girard StHemetCA92544
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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 638 N Girard St, Hemet, CA, 92544 generates $2,639/mo in rent and, after a $2,056/mo payment, leaves $41/mo in cash flow. Total monthly income is $2,639/mo, and annual cash flow is $486/yr on $139,230 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 7.54% on a $419,999 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 104.72% and total cumulative return in cash sums $145,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92544, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,961 (100%) |
| Owner Occupied HU | 10,679 (63.0%) |
| Renter Occupied HU | 5,252 (31.0%) |
| Vacant Housing Units | 1,030 ( 6.1%) |
| Median Home Value | $483,368 |
| Average Home Value | $527,680 |
Housing Distribution
Address Breakdown
Residential
16,610
Single Family
15,720
Multi-Family
890
Businesses
489
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Listed by: Roy Williamson • eXp Realty of Southern California Inc
Mls Name: CRMLS
Mls ID: #CV25278586