28575 Manitoba DrLake ArrowheadCA92352
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 Lake Arrowhead at 28575 Manitoba Dr, Lake Arrowhead, CA, 92352 priced at $1,350,000 converts $3,931/mo rent into after a $6,608/mo obligation. Total monthly income equals $3,931/mo. Return on cash invested prints 8.24% in year one, and rental yield reads 3.49% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 40.18% and total cumulative return in cash sums $175,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,931/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92352, Lake Arrowhead, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,920 (100%) |
| Owner Occupied HU | 2,479 (31.3%) |
| Renter Occupied HU | 578 ( 7.3%) |
| Vacant Housing Units | 4,863 (61.4%) |
| Median Home Value | $743,694 |
| Average Home Value | $776,014 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
305
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Nearby investment properties with comparable prices
Listed by: Sue Weaver • COLDWELL BANKER SKY RIDGE REALTY
Mls Name: CRMLS
Mls ID: #IG25147490