1835 W Saint George AveRidgecrestCA93555
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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 Ridgecrest at 1835 W Saint George Ave, Ridgecrest, CA, 93555 generates $1,406/mo in rent and, after a $808/mo payment, leaves $385/mo in cash flow. Total monthly income is $1,406/mo, and annual cash flow is $4,618/yr on $54,698 invested. Return on cash invested sits at 28.35% in year one, and rental yield is 10.23% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 148.11% and total cumulative return in cash sums $81,011. 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 1987
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93555, Ridgecrest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,123 (100%) |
| Owner Occupied HU | 8,784 (58.1%) |
| Renter Occupied HU | 4,725 (31.2%) |
| Vacant Housing Units | 1,614 (10.7%) |
| Median Home Value | $325,192 |
| Average Home Value | $365,095 |
Housing Distribution
Address Breakdown
Residential
13,933
Single Family
13,546
Multi-Family
387
Businesses
756
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Listed by: Megan A Jones • Palomino Properties
Mls Name: Southern Sierra
Mls ID: #2607859