650 Rainier WayHemetCA92543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hemet at 650 Rainier Way, Hemet, CA, 92543 at $318,950 posts ROI 25.9% with $528/mo cash flow from $2,501/mo rent. Total monthly income equals $2,501/mo, and annual cash flow records $6,336/yr on $105,732 to close. Return on cash invested measures 25.9% and rental yield reads 9.41% at the current $318,950. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,120 by year five. Five-year ROI prints 135.02% and total cumulative return in cash totals $142,761.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,501/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Lamoree • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #SW25142740