13538 Ermin StHornbrookCA96044
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Hornbrook rental at 13538 Ermin St, Hornbrook, CA, 96044 sits in the solid-income band: 8.06% gross yield, $2,586/mo rent, $204/mo net after the $1,731/mo debt service, DSCR 1.49. Entry price of $385,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $106,368 and $3,546/yr in principal reduction bring total cumulative return to $159,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $204 | $1,200 |
City averages based on Hornbrook market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,586 |
| Total Monthly Debt Service | $2,229 |
| DSCR Ratio | 1.16x |
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 N/A
13.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96044, Hornbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 364 (64.2%) |
| Renter Occupied HU | 129 (22.8%) |
| Vacant Housing Units | 74 (13.1%) |
| Median Home Value | $350,000 |
| Average Home Value | $474,210 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
23
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 N/A
13.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96044, Hornbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 364 (64.2%) |
| Renter Occupied HU | 129 (22.8%) |
| Vacant Housing Units | 74 (13.1%) |
| Median Home Value | $350,000 |
| Average Home Value | $474,210 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Filaccio • Cornerstone Properties
Mls Name: SMLS
Mls ID: #20250665