3232 Meldora AveJoshua TreeCA92252
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 Joshua Tree at 3232 Meldora Ave, Joshua Tree, CA, 92252 generates $1,061/mo in rent and, after a $685/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,061/mo, and annual cash flow is $2,342/yr on $46,410 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.09% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 130% and total cumulative return in cash sums $60,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,061/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92252, Joshua Tree, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 2,434 (45.4%) |
| Renter Occupied HU | 1,310 (24.4%) |
| Vacant Housing Units | 1,616 (30.1%) |
| Median Home Value | $271,382 |
| Average Home Value | $370,452 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,534
Multi-Family
38
Businesses
245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nadeen Zamora • REAL BROKERAGE TECHNOLOGIES
Mls Name: CRMLS
Mls ID: #CV25256393