4301 Balboa StLake IsabellaCA93240
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 Isabella at 4301 Balboa St, Lake Isabella, CA, 93240 at $149,000 posts ROI 31.43% with $474/mo cash flow from $1,448/mo rent. Total monthly income equals $1,448/mo, and annual cash flow records $5,688/yr on $49,394 to close. Return on cash invested measures 31.43% and rental yield reads 11.66% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 165.16% and total cumulative return in cash totals $81,580.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,448/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca L. Starr-Harris • Emerge Real Estate
Mls Name: RAOR
Mls Provider:
Mls ID: #2606107
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.