9408 Mill DrForest FallsCA92339
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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 Forest Falls at 9408 Mill Dr, Forest Falls, CA, 92339 generates $4,444/mo in rent and, after a $2,545/mo payment, leaves $1,227/mo in cash flow. Total monthly income is $4,444/mo, and annual cash flow is $14,728/yr on $171,080 invested. Return on cash invested sits at 28.67% in year one, and rental yield is 10.26% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 149.8% and total cumulative return in cash sums $256,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,444/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
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
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Listed by: Carrie Padilla • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #IG25159312