11311 Dan DrArmonaCA93202
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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
Investment property for sale in Armona at 11311 Dan Dr, Armona, CA, 93202 offers a 6.9% rental yield on a $345,000 purchase with $1,983/mo rent. 32% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 94.33% and total cumulative return in cash at $107,884. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,983/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93202, Armona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 743 (59.0%) |
| Renter Occupied HU | 475 (37.7%) |
| Vacant Housing Units | 41 ( 3.3%) |
| Median Home Value | $329,967 |
| Average Home Value | $337,429 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
68
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Listed by: Molly Ohanian • Skyline REI Group, Inc.
Mls Name: Kings County MLS
Mls ID: #232904