20596 Linda LnOnyxCA93255
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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
Investment Highlights
Rental property for sale in Onyx at 20596 Linda Ln, Onyx, CA, 93255 offers $2,280/mo rent that, after a $929/mo payment, leaves $1,106/mo cash flow. Total monthly income is $2,280/mo, and annual cash flow is $13,269/yr on $62,952 cash. Return on cash invested measures 40.99% in year one, and rental yield stands at 14.41% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 215.87% and total cumulative return in cash reaches $135,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93255, Onyx, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 200 (53.1%) |
| Renter Occupied HU | 87 (23.1%) |
| Vacant Housing Units | 90 (23.9%) |
| Median Home Value | $152,273 |
| Average Home Value | $207,563 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
2
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Listed by: Debra Chealander • EDL Properties
Mls Name: RAOR
Mls Provider:
Mls ID: #2605810
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.