212 Old State RdWofford HeightsCA93285
Nearby investment properties with comparable rents
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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 Wofford Heights at 212 Old State Rd, Wofford Heights, CA, 93285 earns $202/mo cash flow from $1,014/mo rent with a $631/mo payment. Total monthly income totals $1,014/mo, and annual cash flow totals $2,428/yr on $42,730 capital. ROI tracks 25.59% on current figures, and rental yield reads 9.44% at a $128,900 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,613 over five years. Five-year ROI reaches 133.52% and total cumulative return in cash sums $57,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,014/mo property income instead of your personal income.
Manufactured
Built in 1985
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices
Listed by: Michael D'Angelo • Rita D'Angelo Real Estate
Mls Name: RAOR
Mls Provider:
Mls ID: #2606096
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.