16043 K 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 16043 K St, Mojave, CA, 93501 generates $2,003/mo in rent, after a $1,933/mo payment. Total monthly income is $2,003/mo. Return on cash invested sits at 15.87% in year one, and rental yield is 6.09% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 81.2% and total cumulative return in cash sums $106,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,003/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.35 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: Christie M Limpus • Berkshire Hathaway HomeServices Troth, REALTORS
Mls Name: GAVAR
Mls ID: #25008541