131 Parkway StWofford HeightsCA93285
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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 Wofford Heights at 131 Parkway St, Wofford Heights, CA, 93285 generates $1,985/mo in rent and, after a $1,224/mo payment, leaves $418/mo in cash flow. Total monthly income is $1,985/mo, and annual cash flow is $5,012/yr on $82,875 invested. Return on cash invested sits at 25.96% in year one, and rental yield is 9.53% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $112,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,985/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices
Listed by: Rita D'Angelo • Rita D'Angelo Real Estate
Mls Name: RAOR
Mls Provider:
Mls ID: #2606423
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.