1494 Laura StWrightwoodCA92397
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
Investment Highlights
Investment property for sale in Wrightwood at 1494 Laura St, Wrightwood, CA, 92397 at $299,000 posts ROI 25.4% with $454/mo cash flow from $2,303/mo rent. Total monthly income equals $2,303/mo, and annual cash flow records $5,445/yr on $99,119 to close. Return on cash invested measures 25.4% and rental yield reads 9.24% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 132.3% and total cumulative return in cash totals $131,134.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92397, Wrightwood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,995 (100%) |
| Owner Occupied HU | 1,778 (59.4%) |
| Renter Occupied HU | 491 (16.4%) |
| Vacant Housing Units | 726 (24.2%) |
| Median Home Value | $560,475 |
| Average Home Value | $598,733 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
83
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Listed by: Debora Nielson • Park Place Realty
Mls Name: CRMLS
Mls ID: #HD25178389