9888 Terrace DrMorongo ValleyCA92256
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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 Morongo Valley at 9888 Terrace Dr, Morongo Valley, CA, 92256 generates $2,235/mo in rent and, after a $1,664/mo payment, leaves $132/mo in cash flow. Total monthly income is $2,235/mo, and annual cash flow is $1,584/yr on $112,677 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 7.89% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $124,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,235/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92256, Morongo Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,993 (100%) |
| Owner Occupied HU | 1,219 (61.2%) |
| Renter Occupied HU | 434 (21.8%) |
| Vacant Housing Units | 340 (17.1%) |
| Median Home Value | $248,684 |
| Average Home Value | $294,684 |
Housing Distribution
Address Breakdown
Residential
1,512
Single Family
1,512
Multi-Family
0
Businesses
85
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Listed by: Jessica Francia • Vylla Home, Inc.
Mls Name: CRMLS
Mls ID: #PW25263968