9847 Cedar AveBloomingtonCA92316
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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 Bloomington at 9847 Cedar Ave, Bloomington, CA, 92316 generates $997/mo in rent and, after a $612/mo payment, leaves $224/mo in cash flow. Total monthly income is $997/mo, and annual cash flow is $2,682/yr on $41,438 invested. Return on cash invested sits at 26.38% in year one, and rental yield is 9.57% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.6% and total cumulative return in cash sums $57,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $997/mo property income rather than buyer’s personal income.
Manufactured
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92316, Bloomington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,278 (100%) |
| Owner Occupied HU | 5,635 (68.1%) |
| Renter Occupied HU | 2,462 (29.7%) |
| Vacant Housing Units | 181 ( 2.2%) |
| Median Home Value | $482,905 |
| Average Home Value | $497,214 |
Housing Distribution
Address Breakdown
Residential
7,517
Single Family
7,205
Multi-Family
312
Businesses
731
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Listed by: STEPHEN RUDNICKI • RE/MAX Foothills
Mls Name: CRMLS
Mls ID: #IV25266870