18450 N Highway 88 Space 7ALockefordCA95237
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 18450 N Highway 88 Space 7A, Lockeford, CA, 95237 in Lockeford is narrow, $145/mo net on $822/mo rent after the $492/mo debt service, but the property operates at break-even-plus, not a loss. At $109,500 with a 9.01% yield, the long-run equity case via 5% appreciation ($30,253 over five years) and $1,009/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.67 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $50,873.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.0% |
| Monthly Cash Flow | $145 | $150 |
City averages based on Lockeford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $822 |
| Total Monthly Debt Service | $634 |
| DSCR Ratio | 1.30x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Cardiel • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225151809