45306 Rocking K DriveCalifornia Hot SpringsCA93207
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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 California Hot Springs at 45306 Rocking K Drive, California Hot Springs, CA, 93207 listed at $320,000 pairs $2,262/mo rent with a $1,566/mo payment to leave $283/mo cash flow. Total monthly income runs $2,262/mo, and annual cash flow reaches $3,392/yr on $106,080 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 8.48% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 119.99% and total cumulative return in cash totals $127,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,262/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.34 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
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Listed by: Vickie L Weatherly • Melson Realty, Inc.
Mls Name: TCMLS
Mls ID: #236447