13594 State Highway 8 #BUS-24, Lakeside, CA, 92040 | $2,706/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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13594 State Highway 8 #BUS-24, Lakeside, CA, 92040 | $2,706/mo Cash Flow | Ziffy

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NMLS #2625701

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13594 Highway 8 #BUS-29, Lakeside, CA, 92040

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

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Investment Highlights

Investment property for sale in Lakeside at 13594 State Highway 8 #BUS-24, Lakeside, CA, 92040 listed at $100,000 pairs $3,324/mo rent with a $489/mo payment to leave $2,706/mo cash flow. Total monthly income runs $3,324/mo, and annual cash flow reaches $32,470/yr on $33,150 cash to close. Return on cash invested measures 117.86% in year one, and rental yield registers 39.89% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 628.07% and total cumulative return in cash totals $208,204. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,324/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

This home is situated in Ridgecrest Community, a lively 55+ community surrounded by stunning mountain views. Inviting open-concept living area, smoothly integrating the living room, dining room, and kitchen under vaulted ceilings. This one bedroom home has been well-kept by the original owner. The kitchen cabinets are sturdy and well-maintained, just like the appliances. It has beautiful brown laminate flooring installed 4 years ago, and carpet in the bedroom installed a year ago. The bedroom is spacious and cozy with ample closet storage. The water heater is 3 years old, AC is original and it has a solid roof. This home is move-in ready.(LBH1970)

Neighborhood Data

Neighborhood data shown for ZIP Code: 92040, Lakeside, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,189 (100%)
Owner Occupied HU	10,150 (62.7%)
Renter Occupied HU	5,457 (33.7%)
Vacant Housing Units	582 ( 3.6%)
Median Home Value	$781,088
Average Home Value	$792,534