421 Kern AveSugarloafCA92386
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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
Investment property for sale in Sugarloaf at 421 Kern Ave, Sugarloaf, CA, 92386 earns $1,623/mo cash flow from $3,420/mo rent with a $1,346/mo payment. Total monthly income totals $3,420/mo, and annual cash flow totals $19,479/yr on $91,162 capital. ROI tracks 41.28% on current figures, and rental yield reads 14.92% at a $274,999 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 217.93% and total cumulative return in cash sums $198,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,420/mo property income instead of your personal income.
Single Family
Built in 1983
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92386, Sugarloaf, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 794 (25.0%) |
| Renter Occupied HU | 370 (11.7%) |
| Vacant Housing Units | 2,008 (63.3%) |
| Median Home Value | $431,977 |
| Average Home Value | $518,552 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Tim Cook • Rise Realty Big Bear Real Estate Group
Mls Name: Big Bear AOR
Mls ID: #32403774
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.