831 S Mountain AveOntarioCA91762
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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 Ontario at 831 S Mountain Ave, Ontario, CA, 91762 priced at $518,000 converts $3,457/mo rent into $253/mo cash flow after a $2,535/mo obligation. Total monthly income equals $3,457/mo, and annual cash flow totals $3,035/yr on $170,422 invested. Return on cash invested prints 21.84% in year one, and rental yield reads 8.01% against a $518,000 entry. Equity gained on principal adds $3,343/yr, while 5% annual appreciation compiles into $143,114 by year five. Five-year ROI reaches 113.16% and total cumulative return in cash sums $192,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,457/mo property income covering a $2,535/mo payment, not borrower’s personal income.
Condo
Built in 1979
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91762, Ontario, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,761 (100%) |
| Owner Occupied HU | 11,723 (56.5%) |
| Renter Occupied HU | 8,429 (40.6%) |
| Vacant Housing Units | 609 ( 2.9%) |
| Median Home Value | $631,254 |
| Average Home Value | $649,497 |
Housing Distribution
Address Breakdown
Residential
20,185
Single Family
17,971
Multi-Family
2,214
Businesses
1,895
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Listed by: Clare Lenza • Versailles Property
Mls Name: CRMLS
Mls ID: #OC25173885