12688 Esther StBoronCA93516
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 12688 Esther St, Boron, CA, 93516 in Boron hard to pass up. The 11.57% gross yield on a $239,000 purchase results in $2,305/mo in rent and $827/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $9,920, five-year appreciation of $66,031, and $2,201/yr in equity build-up combine for a projected total cumulative return of $143,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 8.0% |
| Monthly Cash Flow | $827 | $250 |
City averages based on Boron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,305 |
| Total Monthly Debt Service | $1,383 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93516, Boron, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 473 (43.0%) |
| Renter Occupied HU | 400 (36.4%) |
| Vacant Housing Units | 227 (20.6%) |
| Median Home Value | $120,043 |
| Average Home Value | $154,725 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
1,047
Multi-Family
0
Businesses
85
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
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93516, Boron, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 473 (43.0%) |
| Renter Occupied HU | 400 (36.4%) |
| Vacant Housing Units | 227 (20.6%) |
| Median Home Value | $120,043 |
| Average Home Value | $154,725 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
1,047
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices