4119 Sprig CtHornbrookCA96044
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 Hornbrook at 4119 Sprig Ct, Hornbrook, CA, 96044 priced at $325,000 pairs $3,505/mo rent with $1,494/mo cash flow after a $1,591/mo payment. Total monthly income equals $3,505/mo, and annual cash flow comes to $17,930/yr on $107,738 invested. Return on cash invested is 36.55% in year one, and rental yield stands at 12.94% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 192.12% and total cumulative return in cash reaches $206,989. For financing, Ziffy Mortgage’s DSCR program evaluates $3,505/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96044, Hornbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 364 (64.2%) |
| Renter Occupied HU | 129 (22.8%) |
| Vacant Housing Units | 74 (13.1%) |
| Median Home Value | $350,000 |
| Average Home Value | $474,210 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gail Schmidt • Sunshine Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #20240084
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.