39204 N Shore DrFawnskinCA92333
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 Fawnskin at 39204 N Shore Dr, Fawnskin, CA, 92333 priced at $385,000 converts $5,550/mo rent into $3,169/mo cash flow after a $1,884/mo obligation. Total monthly income equals $5,550/mo, and annual cash flow totals $38,024/yr on $127,628 invested. Return on cash invested prints 49.7% in year one, and rental yield reads 17.3% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 262.6% and total cumulative return in cash sums $335,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,550/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1946
4,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92333, Fawnskin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 170 (20.4%) |
| Renter Occupied HU | 63 ( 7.6%) |
| Vacant Housing Units | 599 (72.0%) |
| Median Home Value | $875,000 |
| Average Home Value | $851,412 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Candy Hallstead • Wheeler Steffen Sotheby's International Realty
Mls Name: Big Bear AOR
Mls ID: #32405335
Disclaimer: Based on information from the Big Bear Association of REALTORS as of 2024-01-24 09:58:31 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.