312 Burlando RdKernvilleCA93238
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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 Kernville at 312 Burlando Rd, Kernville, CA, 93238 priced at $429,000 converts $2,290/mo rent into after a $2,100/mo obligation. Total monthly income equals $2,290/mo. Return on cash invested prints 16.84% in year one, and rental yield reads 6.41% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 86.36% and total cumulative return in cash sums $122,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,290/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
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Nearby investment properties with comparable prices
Listed by: Debra Chealander • EDL Properties
Mls Name: RAOR
Mls Provider:
Mls ID: #2606567
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.