2409 Freeman DrPine Mountain ClubCA93222
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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
Rental property for sale in Pine Mountain Club at 2409 Freeman Dr, Pine Mountain Club, CA, 93222 offers $2,489/mo rent that, after a $1,713/mo payment, leaves $324/mo cash flow. Total monthly income is $2,489/mo, and annual cash flow is $3,887/yr on $116,025 cash. Return on cash invested measures 23.26% in year one, and rental yield stands at 8.53% at a $349,999 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,698 by year five. Five-year ROI records 120.79% and total cumulative return in cash reaches $140,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,489/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93222, Frazier Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,504 (100%) |
| Owner Occupied HU | 693 (46.1%) |
| Renter Occupied HU | 137 ( 9.1%) |
| Vacant Housing Units | 674 (44.8%) |
| Median Home Value | $414,113 |
| Average Home Value | $472,222 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
50
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Listed by: Aimee McKinley • RE/MAX ONE
Mls Name: CSMAOR
Mls ID: #226000321