45385 Rocking K DriveCalifornia Hot SpringsCA93207
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 45385 Rocking K Drive, California Hot Springs, CA, 93207 in California Hot Springs hard to pass up. The 12.66% gross yield on a $299,000 purchase results in $3,154/mo in rent and $1,304/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.35). Annual cash flow of $15,647, five-year appreciation of $82,608, and $2,754/yr in equity build-up combine for a projected total cumulative return of $197,340.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 7.0% |
| Monthly Cash Flow | $1,304 | $1,500 |
City averages based on California Hot Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,154 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.82x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
0.32 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
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
Single Family
Built in 1995
0.32 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