21332 79th 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
Rental property for sale in California City at 21332 79th St, California City, CA, 93505 generates $2,410/mo in rent and, after a $1,419/mo payment, leaves $616/mo in cash flow. Total monthly income is $2,410/mo, and annual cash flow is $7,397/yr on $96,135 invested. Return on cash invested sits at 27.6% in year one, and rental yield is 9.97% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 144.13% and total cumulative return in cash sums $138,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,840 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: Danielle R Farnsworth • Tehachapi Summit Real Estate
Mls Name: GAVAR
Mls ID: #25009031