354 Morning Glory DrCalifornia CityCA93505
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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 California City at 354 Morning Glory Dr, California City, CA, 93505 earns $211/mo cash flow from $1,201/mo rent with a $783/mo payment. Total monthly income totals $1,201/mo, and annual cash flow totals $2,536/yr on $53,040 capital. ROI tracks 24.69% on current figures, and rental yield reads 9.01% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 128.55% and total cumulative return in cash sums $68,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,201/mo property income instead of your personal income.
Manufactured
Built in 1990
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93505, California City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 2,657 (51.1%) |
| Renter Occupied HU | 1,968 (37.9%) |
| Vacant Housing Units | 574 (11.0%) |
| Median Home Value | $288,941 |
| Average Home Value | $311,568 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,822
Multi-Family
140
Businesses
182
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Listed by: Mark MacFarlane • Vimvi California
Mls Name: CRMLS
Mls ID: #P1-24370