448 Scodie Ave #24KernvilleCA93238
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 Kernville at 448 Scodie Ave #24, Kernville, CA, 93238 offers a 9.51% rental yield on a $150,000 purchase with $1,189/mo rent. Total monthly income registers $1,189/mo, and a $734/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,846/yr on $49,725 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 123.69% and total cumulative return in cash at $61,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
$100 month HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
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Nearby investment properties with comparable prices
Listed by: Christine Hodge-Delgado • Miramar International - Kernville
Mls Name: RAOR
Mls Provider:
Mls ID: #2606886
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.