142 Ocean View RdWhitethornCA95589
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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
Investment property for sale in Whitethorn at 142 Ocean View Rd, Whitethorn, CA, 95589 listed at $150,000 pairs $1,962/mo rent with a $734/mo payment to leave $1,034/mo cash flow. Total monthly income runs $1,962/mo, and annual cash flow reaches $12,411/yr on $49,725 cash to close. Return on cash invested measures 44.87% in year one, and rental yield registers 15.7% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 236.75% and total cumulative return in cash totals $117,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,962/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95589, Whitethorn, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 876 (100%) |
| Owner Occupied HU | 417 (47.6%) |
| Renter Occupied HU | 142 (16.2%) |
| Vacant Housing Units | 317 (36.2%) |
| Median Home Value | $582,128 |
| Average Home Value | $595,731 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
57
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Listed by: Vern Bonham III • Shelter Cove Realty
Mls Name: HBMLS
Mls Provider:
Mls ID: #267752
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.