1181 Marina DrNeedlesCA92363
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 Needles at 1181 Marina Dr, Needles, CA, 92363 earns from $2,270/mo rent with a $2,198/mo payment. Total monthly income totals $2,270/mo. ROI tracks 15.81% on current figures, and rental yield reads 6.07% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 80.91% and total cumulative return in cash sums $120,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,270/mo property income instead of your personal income.
Manufactured
Built in 2003
4,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92363, Needles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 1,238 (32.2%) |
| Renter Occupied HU | 1,128 (29.4%) |
| Vacant Housing Units | 1,473 (38.4%) |
| Median Home Value | $136,389 |
| Average Home Value | $189,269 |
Housing Distribution
Address Breakdown
Residential
2,109
Single Family
1,769
Multi-Family
340
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Sinacori • Preferred Home Brokers
Mls Name: CRMLS
Mls ID: #SR25252363