721 La Morena DrHemetCA92545
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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 Hemet at 721 La Morena Dr, Hemet, CA, 92545 generates $2,495/mo in rent and, after a $1,691/mo payment, leaves $358/mo in cash flow. Total monthly income is $2,495/mo, and annual cash flow is $4,293/yr on $114,533 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 8.67% on a $345,500 entry. Equity gained on principal adds $2,229/yr, while 5% annual appreciation builds toward $95,455 over five years. Five-year ROI reaches 122.93% and total cumulative return in cash sums $140,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,495/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92545, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,986 (100%) |
| Owner Occupied HU | 12,115 (63.8%) |
| Renter Occupied HU | 5,362 (28.2%) |
| Vacant Housing Units | 1,509 ( 7.9%) |
| Median Home Value | $416,623 |
| Average Home Value | $440,407 |
Housing Distribution
Address Breakdown
Residential
17,576
Single Family
16,226
Multi-Family
1,350
Businesses
510
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Listed by: Maria Duke • GOLDEN SKY REALTY
Mls Name: CRMLS
Mls ID: #IG25179800