32229 Carnelian RdLucerne ValleyCA92356
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 32229 Carnelian Rd, Lucerne Valley, CA, 92356 in Lucerne Valley speaks for itself: 12.15% gross on a $389,500 price, generating $3,943/mo in rent and $1,534/mo in net income after the $1,751/mo debt service. DSCR 2.25, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,404 stacks alongside $107,612 in projected five-year appreciation and $3,587/yr in principal reduction. Projected total cumulative return: $246,402.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.0% |
| Monthly Cash Flow | $1,534 | $1,500 |
City averages based on Lucerne Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,943 |
| Total Monthly Debt Service | $2,255 |
| DSCR Ratio | 1.75x |
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 2006
0.62 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
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 2006
0.62 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices