815 E Central AveRedlandsCA92374
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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
Investment property for sale in Redlands at 815 E Central Ave, Redlands, CA, 92374 with 5% annual appreciation on a $370,000 basis while $3,266/mo rent supports operations. Total monthly income totals $3,266/mo and a $1,811/mo payment preserves $977/mo for cash returns. Annual cash flow comes to $11,725/yr on $122,655 deployed, and return on cash invested reaches 29.47% in year one. Equity gained on principal adds $2,388/yr, and five-year appreciation sums $102,224 alongside rental yield of 10.59%. Five-year ROI measures 154.13% and total cumulative return in cash totals $189,053.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,266/mo property income versus a $1,811/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1905
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92374, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,699 (100%) |
| Owner Occupied HU | 9,435 (56.5%) |
| Renter Occupied HU | 6,368 (38.1%) |
| Vacant Housing Units | 896 ( 5.4%) |
| Median Home Value | $575,888 |
| Average Home Value | $593,358 |
Housing Distribution
Address Breakdown
Residential
15,489
Single Family
13,777
Multi-Family
1,712
Businesses
1,130
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Listed by: Lesley Roberts • Elevate Real Estate Agency
Mls Name: CRMLS
Mls ID: #SW25221592