956 Grand AveColtonCA92324
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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 Colton at 956 Grand Ave, Colton, CA, 92324 offers a 8.53% rental yield on a $499,000 purchase with $3,547/mo rent. Total monthly income registers $3,547/mo, and a $2,442/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,525/yr on $165,419 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 120.76% and total cumulative return in cash at $199,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,547/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92324, Colton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,247 (100%) |
| Owner Occupied HU | 9,227 (50.6%) |
| Renter Occupied HU | 8,345 (45.7%) |
| Vacant Housing Units | 675 ( 3.7%) |
| Median Home Value | $453,154 |
| Average Home Value | $498,704 |
Housing Distribution
Address Breakdown
Residential
17,806
Single Family
13,970
Multi-Family
3,836
Businesses
1,398
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Listed by: Kathleen Kenney • Berkshire Hathaway Homeservices California Realty
Mls Name: CRMLS
Mls ID: #IG25169080