15879 Edwin StMojaveCA93501
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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
Rental property for sale in Mojave at 15879 Edwin St, Mojave, CA, 93501 generates $3,701/mo in rent and, after a $2,690/mo payment, leaves $301/mo in cash flow. Total monthly income is $3,701/mo, and annual cash flow is $3,615/yr on $180,786 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 8.08% on a $549,500 entry. Equity gained on principal adds $3,546/yr, while 5% annual appreciation builds toward $151,817 over five years. Five-year ROI reaches 114.36% and total cumulative return in cash sums $206,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,701/mo property income rather than buyer’s personal income.
Multi Family
Built in 1986
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93501, Mojave, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,003 (40.8%) |
| Renter Occupied HU | 1,091 (44.4%) |
| Vacant Housing Units | 365 (14.8%) |
| Median Home Value | $270,270 |
| Average Home Value | $383,186 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,323
Multi-Family
51
Businesses
226
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Listed by: Martin Gonzalez • Realty Executives All Cities
Mls Name: CRMLS
Mls ID: #RS25162845