20849 108th StCalifornia CityCA93505
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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 California City at 20849 108th St, California City, CA, 93505 offers a 8.88% rental yield on a $385,000 purchase with $2,850/mo rent. Total monthly income registers $2,850/mo, and a $1,884/mo payment leaves $469/mo available for distribution. Annual cash flow reaches $5,624/yr on $127,628 to close, and return on cash invested stands at 24.32% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 126.47% and total cumulative return in cash at $161,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,850/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93505, California City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 2,657 (51.1%) |
| Renter Occupied HU | 1,968 (37.9%) |
| Vacant Housing Units | 574 (11.0%) |
| Median Home Value | $288,941 |
| Average Home Value | $311,568 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,822
Multi-Family
140
Businesses
182
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Listed by: Jessica L Dixon • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #26000273