413 Laurkris CtRidgecrestCA93555
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
Total monthly income runs $3,571/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 7.45% with $3,571/mo rent. Return on cash invested shows 19.52% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 100.97% and total cumulative return in cash records $191,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,571/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93555, Ridgecrest, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,123 (100%) |
| Owner Occupied HU | 8,784 (58.1%) |
| Renter Occupied HU | 4,725 (31.2%) |
| Vacant Housing Units | 1,614 (10.7%) |
| Median Home Value | $325,192 |
| Average Home Value | $365,095 |
Housing Distribution
Address Breakdown
Residential
13,933
Single Family
13,546
Multi-Family
387
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: M. James Mower • Real Broker
Mls Name: RAOR
Mls Provider:
Mls ID: #2606659
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.