823 E Mill StSan BernardinoCA92408
INVESTMENT ANALYSIS
Investment Verdict
Solid Income823 E Mill St, San Bernardino, CA, 92408 in San Bernardino is a solid income-producing rental, 9.1% gross yield, $2,950/mo rent, $543/mo net cash flow on a $389,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $107,474 and $3,583/yr in principal reduction project a total cumulative return of $182,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.8% |
| Monthly Cash Flow | $543 | $850 |
City averages based on San Bernardino market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,950 |
| Total Monthly Debt Service | $2,252 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92408, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,543 (100%) |
| Owner Occupied HU | 1,414 (31.1%) |
| Renter Occupied HU | 2,934 (64.6%) |
| Vacant Housing Units | 195 ( 4.3%) |
| Median Home Value | $461,815 |
| Average Home Value | $465,331 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
2,978
Multi-Family
1,217
Businesses
2,218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92408, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,543 (100%) |
| Owner Occupied HU | 1,414 (31.1%) |
| Renter Occupied HU | 2,934 (64.6%) |
| Vacant Housing Units | 195 ( 4.3%) |
| Median Home Value | $461,815 |
| Average Home Value | $465,331 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
2,978
Multi-Family
1,217
Businesses
2,218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #DW26056431