21231 Calhoun CtCalifornia CityCA93505
Nearby investment properties with comparable rents
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 California City at 21231 Calhoun Ct, California City, CA, 93505 offers a 8.23% rental yield on a $349,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,713/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,820/yr on $115,992 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 115.92% and total cumulative return in cash at $134,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devery Grimshaw • RE/MAX Clearview
Mls Name: GAVAR
Mls ID: #26000123