116 S Desert Candles StRidgecrestCA93555
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
Investment property for sale in Ridgecrest at 116 S Desert Candles St, Ridgecrest, CA, 93555 at $191,500 posts ROI 34.33% with $763/mo cash flow from $2,053/mo rent. Total monthly income equals $2,053/mo, and annual cash flow records $9,152/yr on $63,482 to close. Return on cash invested measures 34.33% and rental yield reads 12.86% at the current $191,500. Equity gained on principal adds $1,236/yr, and 5% annual appreciation supports $52,908 by year five. Five-year ROI prints 180.89% and total cumulative return in cash totals $114,831.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,053/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A