10904 Rankin AveWeldonCA93283
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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
Rental property for sale in Weldon at 10904 Rankin Ave, Weldon, CA, 93283 generates $1,231/mo in rent and, after a $759/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,231/mo, and annual cash flow is $3,244/yr on $51,383 invested. Return on cash invested sits at 26.22% in year one, and rental yield is 9.53% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash sums $70,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,231/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93283, Weldon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 646 (53.7%) |
| Renter Occupied HU | 210 (17.5%) |
| Vacant Housing Units | 347 (28.8%) |
| Median Home Value | $163,983 |
| Average Home Value | $193,599 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
34
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Listed by: Julie Jones • Miramar International - Lake Isabella
Mls Name: RAOR
Mls Provider:
Mls ID: #2607447
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.