880 S Ramona StHemetCA92543
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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 Hemet at 880 S Ramona St, Hemet, CA, 92543 earns $782/mo cash flow from $2,112/mo rent with a $1,052/mo payment. Total monthly income totals $2,112/mo, and annual cash flow totals $9,387/yr on $71,273 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.79% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 173.52% and total cumulative return in cash sums $123,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,112/mo property income instead of your personal income.
Single Family
Built in 1962
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92543, Hemet, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,719 (100%) |
| Owner Occupied HU | 7,942 (50.5%) |
| Renter Occupied HU | 6,790 (43.2%) |
| Vacant Housing Units | 987 ( 6.3%) |
| Median Home Value | $255,843 |
| Average Home Value | $384,346 |
Housing Distribution
Address Breakdown
Residential
15,215
Single Family
12,657
Multi-Family
2,558
Businesses
904
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Listed by: Megan O'Connor • Seven Gables Real Estate
Mls Name: CRMLS
Mls ID: #OC25161628