7434 Nye DrHighlandCA92346
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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 Highland at 7434 Nye Dr, Highland, CA, 92346 generates $3,413/mo in rent and, after a $2,398/mo payment, leaves $382/mo in cash flow. Total monthly income is $3,413/mo, and annual cash flow is $4,585/yr on $162,435 invested. Return on cash invested sits at 22.73% in year one, and rental yield is 8.36% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 117.99% and total cumulative return in cash sums $191,652. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92346, Highland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,777 (100%) |
| Owner Occupied HU | 12,349 (65.8%) |
| Renter Occupied HU | 5,857 (31.2%) |
| Vacant Housing Units | 571 ( 3.0%) |
| Median Home Value | $535,073 |
| Average Home Value | $542,183 |
Housing Distribution
Address Breakdown
Residential
18,431
Single Family
17,459
Multi-Family
972
Businesses
760
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Listed by: Shelley Dam • Engel & Voelkers Pasadena
Mls Name: CRMLS
Mls ID: #P1-23871