13214 Lamel StNorth EdwardsCA93523
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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 North Edwards at 13214 Lamel St, North Edwards, CA, 93523 generates $1,508/mo in rent and, after a $1,028/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $2,505/yr on $69,615 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 8.62% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 122.13% and total cumulative return in cash sums $85,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
9,167 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93523, Edwards, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 325 (23.3%) |
| Renter Occupied HU | 843 (60.5%) |
| Vacant Housing Units | 226 (16.2%) |
| Median Home Value | $126,786 |
| Average Home Value | $156,011 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,160
Multi-Family
99
Businesses
46
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Listed by: Scott Miller • Epique Realty
Mls Name: CRMLS
Mls ID: #IG25172629