16600 Short StOnyxCA93255
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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
Investment property for sale in Onyx at 16600 Short St, Onyx, CA, 93255 offers a 12.03% rental yield on a $180,000 purchase with $1,805/mo rent. Total monthly income registers $1,805/mo, and a $881/mo payment leaves $692/mo available for distribution. Annual cash flow reaches $8,298/yr on $59,670 to close, and return on cash invested stands at 33.82% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 177.44% and total cumulative return in cash at $105,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,805/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93255, Onyx, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 200 (53.1%) |
| Renter Occupied HU | 87 (23.1%) |
| Vacant Housing Units | 90 (23.9%) |
| Median Home Value | $152,273 |
| Average Home Value | $207,563 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
2
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Listed by: Rebecca L. Starr-Harris • SOUTHERN SIERRA PROPERTIES
Mls Name: RAOR
Mls ID: #2607300