14334 E Prospect PlaceLockefordCA95237
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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 Lockeford at 14334 E Prospect Place, Lockeford, CA, 95237 offers a 8.16% rental yield on a $389,000 purchase with $2,644/mo rent. Total monthly income registers $2,644/mo, and a $1,904/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,850/yr on $128,954 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 114.7% and total cumulative return in cash at $147,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,644/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
6,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95237, Lockeford, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 954 (74.1%) |
| Renter Occupied HU | 259 (20.1%) |
| Vacant Housing Units | 75 ( 5.8%) |
| Median Home Value | $598,464 |
| Average Home Value | $631,609 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
199
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Listed by: Laura Oliver • Century 21 Jordan-Link & Company
Mls Name: TCMLS
Mls ID: #237969