402 N Lake AveCalipatriaCA92233
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
Investment property for sale in Calipatria at 402 N Lake Ave, Calipatria, CA, 92233 earns $215/mo cash flow from $1,669/mo rent with a $1,150/mo payment. Total monthly income totals $1,669/mo, and annual cash flow totals $2,585/yr on $77,903 capital. ROI tracks 23.23% on current figures, and rental yield reads 8.52% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $93,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,669/mo property income instead of your personal income.
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92233, Calipatria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 589 (47.6%) |
| Renter Occupied HU | 543 (43.9%) |
| Vacant Housing Units | 105 ( 8.5%) |
| Median Home Value | $313,710 |
| Average Home Value | $313,867 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Priscilla Coronado • DMA Real Estate
Mls Name: ICAOR
Mls Provider:
Mls ID: #25504413IC
Disclaimer: 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.