149153 Snoqualmie Trl #OUTEarpCA92242
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Earp rental at 149153 Snoqualmie Trl #OUT, Earp, CA, 92242 sits in the solid-income band: 9.4% gross yield, $1,089/mo rent, $229/mo net after the $659/mo debt service, DSCR 1.65. Entry price of $139,000 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 $38,403 and $1,165/yr in principal reduction bring total cumulative return to $64,864.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $229 | $750 |
City averages based on Earp market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,089 |
| Total Monthly Debt Service | $838 |
| DSCR Ratio | 1.30x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2012
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92242, Earp, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 505 (35.2%) |
| Renter Occupied HU | 115 ( 8.0%) |
| Vacant Housing Units | 816 (56.8%) |
| Median Home Value | $119,817 |
| Average Home Value | $236,767 |
Housing Distribution
Address Breakdown
Residential
4
Single Family
4
Multi-Family
0
Businesses
34
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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
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Listed by: LARRY HUNT • Larry Hunt, Broker
Mls Name: Mountain Resort Communities AOR
Mls Provider:
Mls ID: #RW25013383
Disclaimer: Based on information from the Mountain Resort Communities Association of REALTORS as of 2025-02-12 14:25:18 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.
