13713 Crocus WayArmonaCA93202
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 13713 Crocus Way, Armona, CA, 93202 in Armona is listed at $379,900 and delivers $2,830/mo in rent and $479/mo in net monthly cash flow. The 8.94% yield and 1.66 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $104,959 over five years, and $3,499/yr in principal reduction supplements cash return. Total projected cumulative return: $174,981.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.0% |
| Monthly Cash Flow | $479 | $350 |
City averages based on Armona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,830 |
| Total Monthly Debt Service | $2,199 |
| DSCR Ratio | 1.29x |
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 2023
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93202, Armona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 743 (59.0%) |
| Renter Occupied HU | 475 (37.7%) |
| Vacant Housing Units | 41 ( 3.3%) |
| Median Home Value | $329,967 |
| Average Home Value | $337,429 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
68
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 2023
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93202, Armona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 743 (59.0%) |
| Renter Occupied HU | 475 (37.7%) |
| Vacant Housing Units | 41 ( 3.3%) |
| Median Home Value | $329,967 |
| Average Home Value | $337,429 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: TCMLS
Mls ID: #240012