3940 Morongo RdTwentynine PalmsCA92277
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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
Rental property for sale in Twentynine Palms at 3940 Morongo Rd, Twentynine Palms, CA, 92277 priced at $199,000 converts $1,936/mo rent into $705/mo cash flow after a $974/mo obligation. Total monthly income equals $1,936/mo, and annual cash flow totals $8,459/yr on $65,969 invested. Return on cash invested prints 32.73% in year one, and rental yield reads 11.67% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 171.6% and total cumulative return in cash sums $113,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92277, Twentynine Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,682 (100%) |
| Owner Occupied HU | 3,931 (33.7%) |
| Renter Occupied HU | 5,496 (47.0%) |
| Vacant Housing Units | 2,255 (19.3%) |
| Median Home Value | $219,197 |
| Average Home Value | $349,887 |
Housing Distribution
Address Breakdown
Residential
9,604
Single Family
9,566
Multi-Family
38
Businesses
484
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Listed by: Shelley Hefner • Coldwell Banker Roadrunner
Mls Name: CRMLS
Mls ID: #JT25110471