6735 Merito AveSan BernardinoCA92404
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder6735 Merito Ave, San Bernardino, CA, 92404 in San Bernardino is a solid income-producing rental, 7.9% gross yield, $3,548/mo rent, $214/mo net cash flow on a $539,000 buy. DSCR 1.46 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $148,916 and $4,964/yr in principal reduction project a total cumulative return of $218,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.8% |
| Monthly Cash Flow | $214 | $850 |
City averages based on San Bernardino market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,548 |
| Total Monthly Debt Service | $3,120 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FIDEL DELGADILLO • Elevate Real Estate Agency
Mls Name: CRMLS
Mls ID: #IV25245560