21625-21625 Bancroft DrCalifornia 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 21625-21625 Bancroft Dr, California City, CA, 93505 offers a 7.08% rental yield on a $529,000 purchase with $3,120/mo rent. 01% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 97.98% and total cumulative return in cash at $170,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10,018 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: Levon Barrison • Infinity Real Estate Services
Mls Name: CRMLS
Mls ID: #SR25232938