999 Manzanita DrEl CentroCA92243
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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 El Centro at 999 Manzanita Dr, El Centro, CA, 92243 uses $169,435 cash to close to unlock $1,341/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $3,298/mo, and a $2,521/mo payment keeps the spread at $112/mo. Purchase price stands at $515,000, and rental yield measures 7.68% with $3,298/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 107.87% and total cumulative return in cash records $182,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,298/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92243, El Centro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,141 (100%) |
| Owner Occupied HU | 7,616 (44.4%) |
| Renter Occupied HU | 8,323 (48.6%) |
| Vacant Housing Units | 1,202 ( 7.0%) |
| Median Home Value | $323,340 |
| Average Home Value | $323,696 |
Housing Distribution
Address Breakdown
Residential
15,994
Single Family
13,457
Multi-Family
2,537
Businesses
1,683
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Listed by: Gisela Sanchez • eXp Realty of California Inc
Mls Name: ICAOR
Mls ID: #25599077IC