347 Spruce LnSugarloafCA92386
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 Sugarloaf at 347 Spruce Ln, Sugarloaf, CA, 92386 priced at $305,000 converts $2,080/mo rent into $193/mo cash flow after a $1,493/mo obligation. Total monthly income equals $2,080/mo, and annual cash flow totals $2,316/yr on $101,108 invested. Return on cash invested prints 22.2% in year one, and rental yield reads 8.18% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 115.17% and total cumulative return in cash sums $116,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1973
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92386, Sugarloaf, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 794 (25.0%) |
| Renter Occupied HU | 370 (11.7%) |
| Vacant Housing Units | 2,008 (63.3%) |
| Median Home Value | $431,977 |
| Average Home Value | $518,552 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
23
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Listed by: Josanne Vandekerkhove • Coldwell Banker Sky Ridge Realty Big Bear
Mls Name: Mountain Resort Communities AOR
Mls ID: #32501676