26321 Olanche StMojaveCA93501
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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
Investment property for sale in Mojave at 26321 Olanche St, Mojave, CA, 93501 offers a 9.26% rental yield on a $189,000 purchase with $1,458/mo rent. Total monthly income registers $1,458/mo, and a $925/mo payment leaves $289/mo available for distribution. Annual cash flow reaches $3,466/yr on $62,654 to close, and return on cash invested stands at 25.44% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 132.52% and total cumulative return in cash at $83,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,458/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93501, Mojave, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,003 (40.8%) |
| Renter Occupied HU | 1,091 (44.4%) |
| Vacant Housing Units | 365 (14.8%) |
| Median Home Value | $270,270 |
| Average Home Value | $383,186 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,323
Multi-Family
51
Businesses
226
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Listed by: Todd Patterson • Coldwell Banker A Hartwig Co
Mls Name: TAAR
Mls ID: #9993174