211 Walnut 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 211 Walnut St, NEEDLES, CA, 92363 uses $82,709 cash to close to unlock $5,985/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,221/mo payment keeps the spread at $499/mo. Purchase price stands at $249,500, and rental yield measures 9.82% with $2,042/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 141.63% and total cumulative return in cash records $117,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.28 Acres 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: Kimberli Willis • River Sisters Realty
Mls Name: CRMLS
Mls ID: #JT25269178