2445 Spring DrRunning SpringsCA92382
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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 Running Springs at 2445 Spring Dr, Running Springs, CA, 92382 generates $2,692/mo in rent and, after a $2,019/mo payment, leaves $140/mo in cash flow. Total monthly income is $2,692/mo, and annual cash flow is $1,682/yr on $136,744 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 7.83% on a $412,500 entry. Equity gained on principal adds $2,662/yr, while 5% annual appreciation builds toward $113,966 over five years. Five-year ROI reaches 109.46% and total cumulative return in cash sums $149,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,692/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
5,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92382, Running Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,947 (100%) |
| Owner Occupied HU | 1,858 (47.1%) |
| Renter Occupied HU | 545 (13.8%) |
| Vacant Housing Units | 1,544 (39.1%) |
| Median Home Value | $492,337 |
| Average Home Value | $578,103 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
116
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Listed by: NICOLETTE HOWARD • KELLER WILLIAMS LAKE ARROWHEAD
Mls Name: CRMLS
Mls ID: #IG25132762