0 Sorrell Peak RdCalienteCA93518
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
Rental property for sale in Caliente at 0 Sorrell Peak Rd, Caliente, CA, 93518 priced at $155,000 pairs $2,644/mo rent with $1,685/mo cash flow after a $759/mo payment. Total monthly income equals $2,644/mo, and annual cash flow comes to $20,217/yr on $51,383 invested. Return on cash invested is 59.26% in year one, and rental yield stands at 20.47% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 313.84% and total cumulative return in cash reaches $161,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,644/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
28.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93518, Caliente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 438 (56.9%) |
| Renter Occupied HU | 75 ( 9.7%) |
| Vacant Housing Units | 257 (33.4%) |
| Median Home Value | $407,767 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
619
Multi-Family
0
Businesses
47
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Nearby investment properties with comparable prices
Listed by: Your Caliente Team • RE/MAX Tehachapi
Mls Name: TAAR
Mls ID: #9991067
Disclaimer: Based on information from the Tehachapi Area Association of REALTORS as of 2024-08-15 00:57:47 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.