12782 Riggins RdPhelanCA92371
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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
Investment property for sale in Phelan at 12782 Riggins Rd, Phelan, CA, 92371 offers a 7.76% rental yield on a $379,000 purchase with $2,450/mo rent. Total monthly income registers $2,450/mo, and a $1,855/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,265/yr on $125,639 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 108.25% and total cumulative return in cash at $136,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,450/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92371, Phelan, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,232 (100%) |
| Owner Occupied HU | 4,375 (70.2%) |
| Renter Occupied HU | 1,195 (19.2%) |
| Vacant Housing Units | 662 (10.6%) |
| Median Home Value | $498,568 |
| Average Home Value | $535,235 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,922
Multi-Family
0
Businesses
118
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Listed by: Ailime Garriga • SoCal 5 Real Estate
Mls Name: CRMLS
Mls ID: #DW25209362