37624 The Rand StJohannesburgCA93528
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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 Johannesburg at 37624 The Rand St, Johannesburg, CA, 93528 earns $240/mo cash flow from $1,292/mo rent with a $832/mo payment. Total monthly income totals $1,292/mo, and annual cash flow totals $2,885/yr on $56,355 capital. ROI tracks 25.03% on current figures, and rental yield reads 9.12% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 130.33% and total cumulative return in cash sums $73,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,292/mo property income instead of your personal income.
Single Family
Built in 1934
7,840 sqft 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: Kathleen L. Blurton • Vaughn Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2607549
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.