24239 Joshua AveBoronCA93516
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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 Boron at 24239 Joshua Ave, Boron, CA, 93516 priced at $198,700 pairs $1,387/mo rent with $157/mo cash flow after a $973/mo payment. Total monthly income equals $1,387/mo, and annual cash flow comes to $1,888/yr on $65,869 invested. Return on cash invested is 22.78% in year one, and rental yield stands at 8.38% on a $198,700 basis. Equity gained on principal adds $1,282/yr, and 5% annual appreciation accumulates to $54,897 by year five. Five-year ROI measures 118.28% and total cumulative return in cash reaches $77,912. For financing, Ziffy Mortgage’s DSCR program evaluates $1,387/mo property income against a $973/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93516, Boron, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 473 (43.0%) |
| Renter Occupied HU | 400 (36.4%) |
| Vacant Housing Units | 227 (20.6%) |
| Median Home Value | $120,043 |
| Average Home Value | $154,725 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
1,047
Multi-Family
0
Businesses
85
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Listed by: N/A • N/A
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