8416 Terrace DrMorongo ValleyCA92256
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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 Morongo Valley at 8416 Terrace Dr, Morongo Valley, CA, 92256 earns $121/mo cash flow from $2,575/mo rent with a $1,942/mo payment. Total monthly income totals $2,575/mo, and annual cash flow totals $1,447/yr on $131,506 capital. ROI tracks 21.01% on current figures, and rental yield reads 7.79% at a $396,700 purchase. Equity gained on principal adds $2,560/yr, and 5% annual appreciation supports $109,601 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash sums $143,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,575/mo property income instead of your personal income.
Single Family
Built in 1953
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92256, Morongo Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,993 (100%) |
| Owner Occupied HU | 1,219 (61.2%) |
| Renter Occupied HU | 434 (21.8%) |
| Vacant Housing Units | 340 (17.1%) |
| Median Home Value | $248,684 |
| Average Home Value | $294,684 |
Housing Distribution
Address Breakdown
Residential
1,512
Single Family
1,512
Multi-Family
0
Businesses
85
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Listed by: Reagan Richter • Compass
Mls Name: CRMLS
Mls ID: #219137798PS