18450 N Highway 88 SPACE 7ALockefordCA95237
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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 Lockeford at 18450 N Highway 88 SPACE 7A, Lockeford, CA, 95237 uses $36,299 cash to close to unlock $2,107/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $853/mo, and a $536/mo payment keeps the spread at $176/mo. Purchase price stands at $109,500, and rental yield measures 9.35% with $853/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $30,253 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash records $48,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $853/mo property income covering a $536/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
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
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Listed by: Kim Cardiel • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225151809