32111 State Highway 18Lucerne ValleyCA92356
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
Investment Highlights
Rental property for sale in Lucerne Valley at 32111 State Highway 18, Lucerne Valley, CA, 92356 generates $1,455/mo in rent, after a $2,041/mo payment. Total monthly income is $1,455/mo. Return on cash invested sits at 10.15% in year one, and rental yield is 4.19% on a $417,000 entry. Equity gained on principal adds $2,691/yr, while 5% annual appreciation builds toward $115,209 over five years. Five-year ROI reaches 50.51% and total cumulative return in cash sums $69,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,455/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92356, Lucerne Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,035 (100%) |
| Owner Occupied HU | 1,513 (49.9%) |
| Renter Occupied HU | 675 (22.2%) |
| Vacant Housing Units | 847 (27.9%) |
| Median Home Value | $226,934 |
| Average Home Value | $287,074 |
Housing Distribution
Address Breakdown
Residential
1,758
Single Family
1,758
Multi-Family
0
Businesses
164
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Nearby investment properties with comparable prices
Listed by: JUAN CARLOS VENEGAS • Vismar Real Estate
Mls Name: CRMLS
Mls ID: #IV25272598