37340 The RandJohannesburgCA93528
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 Johannesburg at 37340 The Rand, Johannesburg, CA, 93528 offers $2,422/mo rent that, after a $494/mo payment, leaves $1,798/mo cash flow. Total monthly income is $2,422/mo, and annual cash flow is $21,571/yr on $33,481 cash. Return on cash invested measures 84.34% in year one, and rental yield stands at 28.78% at a $100,999 entry. Equity gained on principal adds $652/yr while 5% annual appreciation compounds into $27,904 by year five. Five-year ROI records 448.39% and total cumulative return in cash reaches $150,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,422/mo property income versus a $494/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93528, Johannesburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 109 (100%) |
| Owner Occupied HU | 53 (48.6%) |
| Renter Occupied HU | 7 ( 6.4%) |
| Vacant Housing Units | 49 (45.0%) |
| Median Home Value | $97,000 |
| Average Home Value | $253,726 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Cynthia Medina • Keller Williams Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2605435
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.