950 Starlight CtBanningCA92220
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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 Banning at 950 Starlight Ct, Banning, CA, 92220 generates $2,554/mo in rent, after a $2,374/mo payment. Total monthly income is $2,554/mo. Return on cash invested sits at 16.58% in year one, and rental yield is 6.32% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 84.98% and total cumulative return in cash sums $136,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92220, Banning, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,184 (100%) |
| Owner Occupied HU | 9,545 (67.3%) |
| Renter Occupied HU | 3,802 (26.8%) |
| Vacant Housing Units | 837 ( 5.9%) |
| Median Home Value | $444,674 |
| Average Home Value | $504,781 |
Housing Distribution
Address Breakdown
Residential
12,885
Single Family
12,559
Multi-Family
326
Businesses
695
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Listed by: Lisa Byrd • Broker Town, Inc.
Mls Name: CRMLS
Mls ID: #SW25152809