3601 Erskine Creek RdLake IsabellaCA93240
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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 Lake Isabella at 3601 Erskine Creek Rd, Lake Isabella, CA, 93240 generates $1,192/mo in rent and, after a $729/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,192/mo, and annual cash flow is $3,246/yr on $49,394 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.6% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $68,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,192/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Listed by: Annette Marie Pounds • Destiny Real Estate
Mls Name: RAOR
Mls ID: #2607501