641 Ridgefield DrClaremontCA91711
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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 Claremont at 641 Ridgefield Dr, Claremont, CA, 91711 offers $4,787/mo rent that, after a $5,213/mo payment. Total monthly income is $4,787/mo. Return on cash invested measures 14.1% in year one, and rental yield stands at 5.39% at a $1,065,000 entry. Equity gained on principal adds $6,872/yr while 5% annual appreciation compounds into $294,240 by year five. Five-year ROI records 71.62% and total cumulative return in cash reaches $247,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,787/mo property income versus a $5,213/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,053 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91711, Claremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,515 (100%) |
| Owner Occupied HU | 8,136 (60.2%) |
| Renter Occupied HU | 4,606 (34.1%) |
| Vacant Housing Units | 773 ( 5.7%) |
| Median Home Value | $903,604 |
| Average Home Value | $1,020,082 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
11,510
Multi-Family
1,198
Businesses
1,407
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Listed by: Brian DeMott • KELLER WILLIAMS REALTY COLLEGE PARK
Mls Name: CRMLS
Mls ID: #CV25267289