202 Pointing Rock Dr APT 4Borrego SpringsCA92004
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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 Borrego Springs at 202 Pointing Rock Dr APT 4, Borrego Springs, CA, 92004 earns $228/mo cash flow from $2,115/mo rent with a $1,493/mo payment. Total monthly income totals $2,115/mo, and annual cash flow totals $2,736/yr on $101,108 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.32% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash sums $118,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,115/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92004, Borrego Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,999 (100%) |
| Owner Occupied HU | 1,242 (41.4%) |
| Renter Occupied HU | 388 (12.9%) |
| Vacant Housing Units | 1,369 (45.6%) |
| Median Home Value | $556,818 |
| Average Home Value | $811,886 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
139
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Listed by: Katherine King • Coldwell Banker Borrego
Mls Name: CRMLS
Mls ID: #NDP2511241