1494 Laura StWrightwoodCA92397
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1494 Laura St, Wrightwood, CA, 92397 in Wrightwood is a solid income-producing rental, 9.24% gross yield, $2,303/mo rent, $453/mo net cash flow on a $299,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,608 and $2,754/yr in principal reduction project a total cumulative return of $142,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $453 | $300 |
City averages based on Wrightwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,303 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.33x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debora Nielson • Park Place Realty
Mls Name: CRMLS
Mls ID: #HD25178389