26862 Butte AveRandsburgCA93554
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
Investment Highlights
Rental property for sale in Randsburg at 26862 Butte Ave, Randsburg, CA, 93554 offers $2,158/mo rent that, after a $974/mo payment, leaves $927/mo cash flow. Total monthly income is $2,158/mo, and annual cash flow is $11,125/yr on $65,935 cash. Return on cash invested measures 36.78% in year one, and rental yield stands at 13.02% at a $198,900 entry. Equity gained on principal adds $1,283/yr while 5% annual appreciation compounds into $54,952 by year five. Five-year ROI records 193.41% and total cumulative return in cash reaches $127,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,158/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93554, Randsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38 (100%) |
| Owner Occupied HU | 5 (13.2%) |
| Renter Occupied HU | 0 |
| Vacant Housing Units | 33 (86.8%) |
| Median Home Value | $112,500 |
| Average Home Value | $378,500 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
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Nearby investment properties with comparable prices
Listed by: Hollie Shotwell • Coldwell Banker Frontier
Mls Name: RAOR
Mls Provider:
Mls ID: #2603518
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.