10961 Desert Lawn Dr SPACE 413CalimesaCA92320
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 10961 Desert Lawn Dr SPACE 413, Calimesa, CA, 92320 in Calimesa is narrow, $155/mo net on $1,572/mo rent after the $1,030/mo debt service, but the property operates at break-even-plus, not a loss. At $229,000 with a 8.24% yield, the long-run equity case via 5% appreciation ($63,268 over five years) and $2,109/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $96,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $155 | $1,500 |
City averages based on Calimesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,572 |
| Total Monthly Debt Service | $1,326 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
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
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92320, Calimesa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,816 (100%) |
| Owner Occupied HU | 3,899 (81.0%) |
| Renter Occupied HU | 676 (14.0%) |
| Vacant Housing Units | 241 ( 5.0%) |
| Median Home Value | $563,102 |
| Average Home Value | $549,586 |
Housing Distribution
Address Breakdown
Residential
4,588
Single Family
4,588
Multi-Family
0
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Giordano • CITRUS HEIGHTS PROPERTIES
Mls Name: CRMLS
Mls ID: #IG25239412