651 W Devonshire AveHemetCA92543
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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
Investment property for sale in Hemet at 651 W Devonshire Ave, Hemet, CA, 92543 at $895,000 posts ROI 6.4% with from $2,186/mo rent. Total monthly income equals $2,186/mo. Return on cash invested measures 6.4% and rental yield reads 2.93% at the current $895,000. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 by year five. Five-year ROI prints 30.38% and total cumulative return in cash totals $89,450. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,186/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1974
0.31 Acres 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
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Listed by: Steve Diamond • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NP25137408