2010 Audrain WayEcho LakeCA95721
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2010 Audrain Way, Echo Lake, CA, 95721 in Echo Lake: $2,940/mo in rent, $404/mo in net income, 8.6% gross yield, 1.59 DSCR, all at $410,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $113,275 in appreciation and $3,776/yr in principal paydown projects total cumulative return of $181,445.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.0% |
| Monthly Cash Flow | $404 | $1,500 |
City averages based on Echo Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,940 |
| Total Monthly Debt Service | $2,373 |
| DSCR Ratio | 1.24x |
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.
Single Family
Built in 1982
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95721, Echo Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 8 ( 8.3%) |
| Renter Occupied HU | 2 ( 2.1%) |
| Vacant Housing Units | 86 (89.6%) |
| Median Home Value | $625,000 |
| Average Home Value | $625,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
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
Single Family
Built in 1982
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95721, Echo Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 8 ( 8.3%) |
| Renter Occupied HU | 2 ( 2.1%) |
| Vacant Housing Units | 86 (89.6%) |
| Median Home Value | $625,000 |
| Average Home Value | $625,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi E Munnecke • Compass
Mls Name: STAOR
Mls ID: #142006