992 Park AveCalimesaCA92320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Calimesa at 992 Park Ave, Calimesa, CA, 92320 at $499,000 posts ROI 15.29% with from $2,450/mo rent. Total monthly income equals $2,450/mo. Return on cash invested measures 15.29% and rental yield reads 5.89% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 78.08% and total cumulative return in cash totals $129,162. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KEVIN ENRIQUEZ • COMPASS
Mls Name: CRMLS
Mls ID: #IV25236450