3160 Flying H RdBorrego SpringsCA92004
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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 Borrego Springs at 3160 Flying H Rd, Borrego Springs, CA, 92004 offers $2,040/mo rent that, after a $1,444/mo payment, leaves $215/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $2,579/yr on $97,793 cash. Return on cash invested measures 22.55% in year one, and rental yield stands at 8.3% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 116.97% and total cumulative return in cash reaches $114,386. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92004, Borrego Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,999 (100%) |
| Owner Occupied HU | 1,242 (41.4%) |
| Renter Occupied HU | 388 (12.9%) |
| Vacant Housing Units | 1,369 (45.6%) |
| Median Home Value | $556,818 |
| Average Home Value | $811,886 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
139
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Listed by: David K Cragoe • Road Runner Realty
Mls Name: SDMLS
Mls ID: #250041827