32990 Harvard RdNewberry SpringsCA92365
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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
Investment property for sale in Newberry Springs at 32990 Harvard Rd, Newberry Springs, CA, 92365 listed at $248,000 pairs $1,934/mo rent with a $1,214/mo payment to leave $400/mo cash flow. Total monthly income runs $1,934/mo, and annual cash flow reaches $4,796/yr on $82,212 cash to close. Return on cash invested measures 25.74% in year one, and rental yield registers 9.36% at a $248,000 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,518 by year five. Five-year ROI tracks 134.13% and total cumulative return in cash totals $110,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,934/mo property income relative to a $1,214/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92365, Newberry Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 630 (51.1%) |
| Renter Occupied HU | 262 (21.2%) |
| Vacant Housing Units | 342 (27.7%) |
| Median Home Value | $122,222 |
| Average Home Value | $260,853 |
Housing Distribution
Address Breakdown
Residential
724
Single Family
724
Multi-Family
0
Businesses
59
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Listed by: Ruth Daoust • Golden Eagle Properties
Mls Name: CRMLS
Mls ID: #SW25252045