1016 Armstrong AveRosamondCA93560
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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
Total monthly income runs $2,145/mo, and a $1,899/mo payment. Purchase price stands at $388,000, and rental yield measures 6.63% with $2,145/mo rent. Return on cash invested shows 17.53% in year one, and 5% annual appreciation builds toward $107,197 over five years. Five-year ROI reaches 90.06% and total cumulative return in cash records $115,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,145/mo property income covering a $1,899/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93560, Rosamond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,304 (100%) |
| Owner Occupied HU | 5,367 (64.6%) |
| Renter Occupied HU | 2,354 (28.3%) |
| Vacant Housing Units | 583 ( 7.0%) |
| Median Home Value | $371,221 |
| Average Home Value | $379,376 |
Housing Distribution
Address Breakdown
Residential
7,822
Single Family
7,481
Multi-Family
341
Businesses
242
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Listed by: Michelle Snedigar • eXp Realty of California, Inc.
Mls Name: GAVAR
Mls ID: #25006297