10150 Ski Ranch Ln #407NordenCA95724
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 10150 Ski Ranch Ln #407, Norden, CA, 95724 in Norden offers a clean, manageable entry. Rental yield 6.55%. DSCR 1.21 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $137,865 in additional property value over five years, with $4,596/yr in principal equity building ownership stake. Total projected cumulative return: $165,863.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.2% |
| Monthly Cash Flow | $(363) | $350 |
City averages based on Norden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,724 |
| Total Monthly Debt Service | $2,888 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95724, Norden, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 112 (12.1%) |
| Renter Occupied HU | 23 ( 2.5%) |
| Vacant Housing Units | 790 (85.4%) |
| Median Home Value | $916,667 |
| Average Home Value | $1,096,205 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
12
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
Townhouse
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95724, Norden, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 112 (12.1%) |
| Renter Occupied HU | 23 ( 2.5%) |
| Vacant Housing Units | 790 (85.4%) |
| Median Home Value | $916,667 |
| Average Home Value | $1,096,205 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krista Voosen • Serene Lakes Realty
Mls Name: TSMLS
Mls ID: #20251580