1152 N Calvert BlvdRidgecrestCA93555
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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 Ridgecrest at 1152 N Calvert Blvd, Ridgecrest, CA, 93555 offers a 11.2% rental yield on a $130,000 purchase with $1,213/mo rent. Total monthly income registers $1,213/mo, and a $636/mo payment leaves $409/mo available for distribution. Annual cash flow reaches $4,909/yr on $43,095 to close, and return on cash invested stands at 31.3% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 164.02% and total cumulative return in cash at $70,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,213/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
0.68 Acres 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
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Listed by: Cynthia Pogge • Ridgecrest Realty
Mls Name: RAOR
Mls ID: #2607450