316 W Haloid AveRidgecrestCA93555
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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
Total monthly income runs $1,387/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 6.68% with $1,387/mo rent. Return on cash invested shows 17.48% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 89.9% and total cumulative return in cash records $74,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,387/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Multi Family
Built in 1949
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93555, Ridgecrest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,123 (100%) |
| Owner Occupied HU | 8,784 (58.1%) |
| Renter Occupied HU | 4,725 (31.2%) |
| Vacant Housing Units | 1,614 (10.7%) |
| Median Home Value | $325,192 |
| Average Home Value | $365,095 |
Housing Distribution
Address Breakdown
Residential
13,933
Single Family
13,546
Multi-Family
387
Businesses
756
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Listed by: Eloy M. Rodriguez • Ridgecrest Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2604365
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.