2113 Spring Oak DrRunning SpringsCA92382
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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
Investment property for sale in Running Springs at 2113 Spring Oak Dr, Running Springs, CA, 92382 offers a 7.38% rental yield on a $435,000 purchase with $2,677/mo rent. 79% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 102.25% and total cumulative return in cash at $147,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,677/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
7,390 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92382, Running Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,947 (100%) |
| Owner Occupied HU | 1,858 (47.1%) |
| Renter Occupied HU | 545 (13.8%) |
| Vacant Housing Units | 1,544 (39.1%) |
| Median Home Value | $492,337 |
| Average Home Value | $578,103 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
116
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Listed by: Allison Banner • Windermere Real Estate
Mls Name: CRMLS
Mls ID: #IG25271119