3043 Echo DrRosamondCA93560
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 Rosamond at 3043 Echo Dr, Rosamond, CA, 93560 priced at $390,000 converts $2,798/mo rent into $385/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,798/mo, and annual cash flow totals $4,623/yr on $129,285 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 8.61% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 122.03% and total cumulative return in cash sums $157,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,798/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93560, Rosamond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,304 (100%) |
| Owner Occupied HU | 5,367 (64.6%) |
| Renter Occupied HU | 2,354 (28.3%) |
| Vacant Housing Units | 583 ( 7.0%) |
| Median Home Value | $371,221 |
| Average Home Value | $379,376 |
Housing Distribution
Address Breakdown
Residential
7,822
Single Family
7,481
Multi-Family
341
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zachary Sprague • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls Provider:
Mls ID: #24008665
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.