7029 Novara PlRancho CucamongaCA91701
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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 Rancho Cucamonga at 7029 Novara Pl, Rancho Cucamonga, CA, 91701 generates $4,547/mo in rent, after a $4,787/mo payment. Total monthly income is $4,547/mo. Return on cash invested sits at 14.45% in year one, and rental yield is 5.58% on a $978,000 entry. Equity gained on principal adds $6,311/yr, while 5% annual appreciation builds toward $270,203 over five years. Five-year ROI reaches 73.55% and total cumulative return in cash sums $236,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,547/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
7,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91701, Rancho Cucamonga, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,799 (100%) |
| Owner Occupied HU | 10,272 (74.4%) |
| Renter Occupied HU | 3,276 (23.7%) |
| Vacant Housing Units | 251 ( 1.8%) |
| Median Home Value | $726,234 |
| Average Home Value | $722,419 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,446
Multi-Family
1,030
Businesses
693
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Listed by: LILLIAN YIN • Pinnacle Real Estate Group
Mls Name: CRMLS
Mls ID: #WS25151134