44894 Pine Flat DriveCalifornia Hot SpringsCA93207
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 California Hot Springs at 44894 Pine Flat Drive, California Hot Springs, CA, 93207 listed at $420,000 pairs $3,247/mo rent with a $2,056/mo payment to leave $649/mo cash flow. Total monthly income runs $3,247/mo, and annual cash flow reaches $7,782/yr on $139,230 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.28% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 132.82% and total cumulative return in cash totals $184,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,247/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93207, California Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 142 (35.7%) |
| Renter Occupied HU | 44 (11.1%) |
| Vacant Housing Units | 212 (53.3%) |
| Median Home Value | $353,448 |
| Average Home Value | $430,352 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
136
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra McDonough • Modern Broker
Mls Name: TCMLS
Mls Provider:
Mls ID: #228737
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 11:16:34 PDT. 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.