39 Lockwood San Ardo RdLockwoodCA93932
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 39 Lockwood San Ardo Rd, Lockwood, CA, 93932 in Lockwood deserves attention. This $159,640 property earns $5,110/mo in rent, a 38.41% gross yield, and nets $4,122/mo after the $718/mo payment. DSCR 7.12 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $44,106 compounds alongside $1,470/yr in yearly equity build, for a total cumulative return of $325,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 38.4% | 6.0% |
| Monthly Cash Flow | $4,122 | $1,500 |
City averages based on Lockwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,110 |
| Total Monthly Debt Service | $924 |
| DSCR Ratio | 5.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
39.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93932, Lockwood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 156 (46.7%) |
| Renter Occupied HU | 123 (36.8%) |
| Vacant Housing Units | 55 (16.5%) |
| Median Home Value | $872,881 |
| Average Home Value | $1,004,760 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Lot
Built in N/A
39.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93932, Lockwood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 156 (46.7%) |
| Renter Occupied HU | 123 (36.8%) |
| Vacant Housing Units | 55 (16.5%) |
| Median Home Value | $872,881 |
| Average Home Value | $1,004,760 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.