28 Starlite LnWofford HeightsCA93285
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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 Wofford Heights at 28 Starlite Ln, Wofford Heights, CA, 93285 generates $1,902/mo in rent and, after a $563/mo payment, leaves $1,150/mo in cash flow. Total monthly income is $1,902/mo, and annual cash flow is $13,805/yr on $38,123 invested. Return on cash invested sits at 56.12% in year one, and rental yield is 19.85% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 297.58% and total cumulative return in cash sums $113,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,902/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
6,534 sqft lot
$N/A/sqft
$40 month HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Listed by: Cheyanne Click • Click Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2606125
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.