208 Race StNeedlesCA92363
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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 Needles at 208 Race St, Needles, CA, 92363 with 5% annual appreciation on a $139,000 basis while $1,081/mo rent supports operations. Total monthly income totals $1,081/mo and a $680/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,657/yr on $46,079 deployed, and return on cash invested reaches 25.68% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 9.33%. Five-year ROI measures 133.82% and total cumulative return in cash totals $61,664.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,081/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92363, Needles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 1,238 (32.2%) |
| Renter Occupied HU | 1,128 (29.4%) |
| Vacant Housing Units | 1,473 (38.4%) |
| Median Home Value | $136,389 |
| Average Home Value | $189,269 |
Housing Distribution
Address Breakdown
Residential
2,109
Single Family
1,769
Multi-Family
340
Businesses
274
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Listed by: Teri Heuer • Mark 1 Real Estate, Inc.
Mls Name: CRMLS
Mls ID: #PW25196843