984 N Pico AveSan BernardinoCA92411
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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 San Bernardino at 984 N Pico Ave, San Bernardino, CA, 92411 generates $3,023/mo in rent and, after a $1,909/mo payment, leaves $610/mo in cash flow. Total monthly income is $3,023/mo, and annual cash flow is $7,323/yr on $129,285 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 9.3% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 133.24% and total cumulative return in cash sums $172,256. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,023/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92411, San Bernardino, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 3,419 (47.5%) |
| Renter Occupied HU | 3,522 (49.0%) |
| Vacant Housing Units | 250 ( 3.5%) |
| Median Home Value | $375,081 |
| Average Home Value | $394,797 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
6,455
Multi-Family
527
Businesses
434
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Listed by: Sandy Jacobo • Re/Max Desert Properties
Mls Name: CRMLS
Mls ID: #219132829DA