42917 Algood StLake HughesCA93532
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 Lake Hughes at 42917 Algood St, Lake Hughes, CA, 93532 offers a 11.2% rental yield on a $449,000 purchase with $4,189/mo rent. Total monthly income registers $4,189/mo, and a $2,198/mo payment leaves $1,411/mo available for distribution. Annual cash flow reaches $16,932/yr on $148,844 to close, and return on cash invested stands at 31.29% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 163.87% and total cumulative return in cash at $243,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,189/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93532, Lake Hughes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 830 (69.9%) |
| Renter Occupied HU | 210 (17.7%) |
| Vacant Housing Units | 147 (12.4%) |
| Median Home Value | $643,172 |
| Average Home Value | $720,864 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
647
Multi-Family
1
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Hughes • RE/MAX All-Pro
Mls Name: GAVAR
Mls ID: #25007115