3013 Elmwood AveLake IsabellaCA93240
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
Investment property for sale in Lake Isabella at 3013 Elmwood Ave, Lake Isabella, CA, 93240 at $159,500 posts ROI 43.49% with $1,039/mo cash flow from $2,026/mo rent. Total monthly income equals $2,026/mo, and annual cash flow records $12,468/yr on $52,874 to close. Return on cash invested measures 43.49% and rental yield reads 15.24% at the current $159,500. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,067 by year five. Five-year ROI prints 229.27% and total cumulative return in cash totals $121,225.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,026/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Nearby investment properties with comparable prices
Listed by: Matthew James Freeman • Freeman's Lakeside Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2606177
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.