12608 1st Drive #ACutlerCA93615
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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 Cutler at 12608 1st Drive #A, Cutler, CA, 93615 generates $1,829/mo in rent, after a $2,203/mo payment. Total monthly income is $1,829/mo. Return on cash invested sits at 12.22% in year one, and rental yield is 4.88% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 61.63% and total cumulative return in cash sums $91,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,829/mo property income rather than buyer’s personal income.
Multi Family
Built in 2009
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93615, Cutler, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 586 (40.7%) |
| Renter Occupied HU | 790 (54.9%) |
| Vacant Housing Units | 64 ( 4.4%) |
| Median Home Value | $226,875 |
| Average Home Value | $285,606 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
61
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Listed by: Neldy J Mayorga Arteaga • Top Line
Mls Name: TCMLS
Mls ID: #237823