786 Molokai AveThermalCA92274
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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 Thermal at 786 Molokai Ave, Thermal, CA, 92274 offers $1,560/mo rent that, after a $1,454/mo payment. Total monthly income is $1,560/mo. Return on cash invested measures 16.53% in year one, and rental yield stands at 6.3% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 84.73% and total cumulative return in cash reaches $83,418. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
9,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Listed by: Edward Soto • Grounded Real Estate Inc.
Mls Name: ICAOR
Mls ID: #25630263IC