113 Majestic Sky CtRidgecrestCA93555
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 Ridgecrest at 113 Majestic Sky Ct, Ridgecrest, CA, 93555 priced at $435,000 pairs $2,977/mo rent with $163/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,977/mo, and annual cash flow comes to $1,959/yr on $144,203 invested. Return on cash invested is 21.27% in year one, and rental yield stands at 8.21% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 110.51% and total cumulative return in cash reaches $159,360. For financing, Ziffy Mortgage’s DSCR program evaluates $2,977/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93555, Ridgecrest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,123 (100%) |
| Owner Occupied HU | 8,784 (58.1%) |
| Renter Occupied HU | 4,725 (31.2%) |
| Vacant Housing Units | 1,614 (10.7%) |
| Median Home Value | $325,192 |
| Average Home Value | $365,095 |
Housing Distribution
Address Breakdown
Residential
13,933
Single Family
13,546
Multi-Family
387
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Dosen • Dosen Real Estate
Mls Name: RAOR
Mls Provider:
Mls ID: #2606624
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.