16105 Sierra WayKernvilleCA93238
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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
Total monthly income runs $2,179/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.02% with $2,179/mo rent. Return on cash invested shows 8.84% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 43.77% and total cumulative return in cash records $93,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
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Listed by: Rebecca L. Starr-Harris • SOUTHERN SIERRA PROPERTIES
Mls Name: RAOR
Mls Provider:
Mls ID: #2607125
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.