37023 Rabbit Springs RdLucerne ValleyCA92356
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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 Lucerne Valley at 37023 Rabbit Springs Rd, Lucerne Valley, CA, 92356 offers a 11.78% rental yield on a $170,000 purchase with $1,669/mo rent. Total monthly income registers $1,669/mo, and a $832/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,409/yr on $56,355 to close, and return on cash invested stands at 33.06% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 173.37% and total cumulative return in cash at $97,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,669/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1981
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92356, Lucerne Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,035 (100%) |
| Owner Occupied HU | 1,513 (49.9%) |
| Renter Occupied HU | 675 (22.2%) |
| Vacant Housing Units | 847 (27.9%) |
| Median Home Value | $226,934 |
| Average Home Value | $287,074 |
Housing Distribution
Address Breakdown
Residential
1,758
Single Family
1,758
Multi-Family
0
Businesses
164
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Listed by: Maria Perez • Excellence RE Real Estate
Mls Name: CRMLS
Mls ID: #HD25189640