9202 Wood RdForest FallsCA92339
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
Investment Highlights
Rental property for sale in Forest Falls at 9202 Wood Rd, Forest Falls, CA, 92339 generates $997/mo in rent and, after a $631/mo payment, leaves $199/mo in cash flow. Total monthly income is $997/mo, and annual cash flow is $2,392/yr on $42,764 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9.27% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash sums $56,833. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $997/mo property income rather than buyer’s personal income.
Condo
Built in 1926
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92339, Forest Falls, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 429 (53.0%) |
| Renter Occupied HU | 143 (17.7%) |
| Vacant Housing Units | 238 (29.4%) |
| Median Home Value | $631,684 |
| Average Home Value | $708,922 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DEBORAH WELCH • GILLMORE REAL ESTATE
Mls Name: CRMLS
Mls ID: #IG26007510