11901 Sierra Way SPACE 29KernvilleCA93238
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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
Rental property for sale in Kernville at 11901 Sierra Way SPACE 29, Kernville, CA, 93238 generates $904/mo in rent and, after a $563/mo payment, leaves $192/mo in cash flow. Total monthly income is $904/mo, and annual cash flow is $2,309/yr on $38,123 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 9.43% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $51,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $904/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
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Listed by: Christine Hodge-Delgado • Miramar International - Kernville
Mls Name: RAOR
Mls ID: #2607690