2185 Manzanita WayBoulevardCA91905
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 2185 Manzanita Way, Boulevard, CA, 91905 in Boulevard: $3,950/mo in rent, $254/mo in net income, 7.93% gross yield, 1.47 DSCR, all at $597,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $165,078 in appreciation and $5,503/yr in principal paydown projects total cumulative return of $242,895.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.0% |
| Monthly Cash Flow | $254 | $1,500 |
City averages based on Boulevard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,950 |
| Total Monthly Debt Service | $3,459 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91905, Boulevard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 455 (55.7%) |
| Renter Occupied HU | 197 (24.1%) |
| Vacant Housing Units | 165 (20.2%) |
| Median Home Value | $360,246 |
| Average Home Value | $400,291 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
39
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
Single Family
Built in 2006
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91905, Boulevard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 455 (55.7%) |
| Renter Occupied HU | 197 (24.1%) |
| Vacant Housing Units | 165 (20.2%) |
| Median Home Value | $360,246 |
| Average Home Value | $400,291 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David L Mireles • Realty Source Incorporated
Mls Name: SDMLS
Mls ID: #260001820