18450 N Highway 88 Space 29LockefordCA95237
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 18450 N Highway 88 Space 29, Lockeford, CA, 95237 in Lockeford at $109,000 earns $874/mo in rent and nets $200/mo after the $490/mo payment, a 9.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,115 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,004/yr in principal paydown, total projected return reaches $54,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $200 | $150 |
City averages based on Lockeford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $874 |
| Total Monthly Debt Service | $631 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95237, Lockeford, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 954 (74.1%) |
| Renter Occupied HU | 259 (20.1%) |
| Vacant Housing Units | 75 ( 5.8%) |
| Median Home Value | $598,464 |
| Average Home Value | $631,609 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95237, Lockeford, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 954 (74.1%) |
| Renter Occupied HU | 259 (20.1%) |
| Vacant Housing Units | 75 ( 5.8%) |
| Median Home Value | $598,464 |
| Average Home Value | $631,609 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MetroList Services of CA
Mls ID: #226029454