91 Tennessee St APT CRedlandsCA92373
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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 91 Tennessee St APT C, Redlands, CA, 92373 uses $139,197 cash to close to unlock $9,128/yr annual cash flow and $761/mo monthly cash flow. Total monthly income runs $3,358/mo, and a $2,055/mo payment keeps the spread at $761/mo. Purchase price stands at $419,900, and rental yield measures 9.6% with $3,358/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 138% and total cumulative return in cash records $192,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,358/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Condo
Built in 1982
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92373, Redlands, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,245 (100%) |
| Owner Occupied HU | 7,830 (51.4%) |
| Renter Occupied HU | 6,491 (42.6%) |
| Vacant Housing Units | 924 ( 6.1%) |
| Median Home Value | $758,476 |
| Average Home Value | $798,195 |
Housing Distribution
Address Breakdown
Residential
14,804
Single Family
13,146
Multi-Family
1,658
Businesses
1,686
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Listed by: Jake Bevens • CENTURY 21 LOIS LAUER REALTY
Mls Name: CRMLS
Mls ID: #IG25208172