687 Spring DrCedarpines ParkCA92322
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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
Rental property for sale in Cedarpines Park at 687 Spring Dr, Cedarpines Park, CA, 92322 priced at $339,500 pairs $2,228/mo rent with $127/mo cash flow after a $1,662/mo payment. Total monthly income equals $2,228/mo, and annual cash flow comes to $1,530/yr on $112,544 invested. Return on cash invested is 21.27% in year one, and rental yield stands at 7.88% on a $339,500 basis. Equity gained on principal adds $2,191/yr, and 5% annual appreciation accumulates to $93,798 by year five. Five-year ROI measures 110.15% and total cumulative return in cash reaches $123,965. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $1,662/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92322, Cedarpines Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 758 (100%) |
| Owner Occupied HU | 436 (57.5%) |
| Renter Occupied HU | 106 (14.0%) |
| Vacant Housing Units | 216 (28.5%) |
| Median Home Value | $312,000 |
| Average Home Value | $456,869 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
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Listed by: MIRANDA LABADIE • CRESTLINE REAL ESTATE
Mls Name: CRMLS
Mls ID: #IG25276202