3197 Roadrunner Dr SBorrego SpringsCA92004
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.99 makes 3197 Roadrunner Dr S, Borrego Springs, CA, 92004 in Borrego Springs one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.74%. The 10.74% yield, 5% annual appreciation ($88,410 over five years), and $2,947/yr in principal reduction project a total cumulative return of $178,184.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $(36) | $250 |
City averages based on Borrego Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,863 |
| Total Monthly Debt Service | $1,852 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
N/A 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
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
Single Family
Built in 1988
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly G Davis • Glasshouse Properties
Mls Name: SDMLS
Mls ID: #250032302