6647 Merito AveSan BernardinoCA92404
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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 San Bernardino at 6647 Merito Ave, San Bernardino, CA, 92404 generates $3,502/mo in rent and, after a $2,203/mo payment, leaves $718/mo in cash flow. Total monthly income is $3,502/mo, and annual cash flow is $8,613/yr on $149,175 invested. Return on cash invested sits at 25.68% in year one, and rental yield is 9.34% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 133.8% and total cumulative return in cash sums $199,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92404, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,109 (100%) |
| Owner Occupied HU | 8,843 (44.0%) |
| Renter Occupied HU | 10,414 (51.8%) |
| Vacant Housing Units | 852 ( 4.2%) |
| Median Home Value | $436,271 |
| Average Home Value | $476,818 |
Housing Distribution
Address Breakdown
Residential
18,428
Single Family
13,907
Multi-Family
4,521
Businesses
662
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Listed by: Andrew Paz • SMART SELL REAL ESTATE
Mls Name: CRMLS
Mls ID: #CV26006556