311 N K StNeedlesCA92363
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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 Needles at 311 N K St, Needles, CA, 92363 priced at $385,000 pairs $1,564/mo rent with after a $1,884/mo payment. Total monthly income equals $1,564/mo. Return on cash invested is 12.22% in year one, and rental yield stands at 4.87% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 61.63% and total cumulative return in cash reaches $78,658. For financing, Ziffy Mortgage’s DSCR program evaluates $1,564/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1984
7,521 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92363, Needles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 1,238 (32.2%) |
| Renter Occupied HU | 1,128 (29.4%) |
| Vacant Housing Units | 1,473 (38.4%) |
| Median Home Value | $136,389 |
| Average Home Value | $189,269 |
Housing Distribution
Address Breakdown
Residential
2,109
Single Family
1,769
Multi-Family
340
Businesses
274
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Listed by: Brian Humphrey • Arch Pacific Realty
Mls Name: CRMLS
Mls ID: #OC25185495