17420 Lake Side LnHornbrookCA96044
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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 Hornbrook at 17420 Lake Side Ln, Hornbrook, CA, 96044 generates $1,406/mo in rent and, after a $857/mo payment, leaves $315/mo in cash flow. Total monthly income is $1,406/mo, and annual cash flow is $3,784/yr on $58,013 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.64% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 137.92% and total cumulative return in cash sums $80,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,406/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96044, Hornbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 364 (64.2%) |
| Renter Occupied HU | 129 (22.8%) |
| Vacant Housing Units | 74 (13.1%) |
| Median Home Value | $350,000 |
| Average Home Value | $474,210 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
23
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Listed by: Danny Fontaine • Excel Realty Inc
Mls Name: SMLS
Mls Provider:
Mls ID: #20251043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.