324 Vista StRidgecrestCA93555
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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 Ridgecrest at 324 Vista St, Ridgecrest, CA, 93555 priced at $269,900 pairs $2,231/mo rent with $450/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,231/mo, and annual cash flow comes to $5,395/yr on $89,472 invested. Return on cash invested is 25.94% in year one, and rental yield stands at 9.92% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 135.74% and total cumulative return in cash reaches $121,446. For financing, Ziffy Mortgage’s DSCR program evaluates $2,231/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93555, Ridgecrest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,123 (100%) |
| Owner Occupied HU | 8,784 (58.1%) |
| Renter Occupied HU | 4,725 (31.2%) |
| Vacant Housing Units | 1,614 (10.7%) |
| Median Home Value | $325,192 |
| Average Home Value | $365,095 |
Housing Distribution
Address Breakdown
Residential
13,933
Single Family
13,546
Multi-Family
387
Businesses
756
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Listed by: Becca O'Donnell • Realty 178
Mls Name: RAOR
Mls Provider:
Mls ID: #2606504
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.